Medicare isn’t the most straightforward subject to master, but its important to do your research and understand your options, especially when enrolling in a plan for the first time. While enrolling in one particular plan is not a lifelong commitme...nt, and enrollees do have one opportunity to make changes to their coverage each year during the Annual Enrollment Period, the decisions you make the first time around can have lasting implications on your options in the future. Fortunately, you don’t have to navigate the Medicare maze alone; Renew is here to empower you with the information and personalized guidance you need to make the best Medicare decisions for your unique health needs.

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Medicare isn’t the most straightforward subject to master, but its important to do your research and understand your options, especially when enrolling in a plan for the first time. While enrolling in one particular plan is not a lifelong commitment, and enrollees do have one opportunity to make changes to their coverage each year during the Annual Enrollment Period, the decisions you make the first time around can have lasting implications on your options in the future. Fortunately, you don’t have to navigate the Medicare maze alone; Renew is here to empower you with the information and personalized guidance you need to make the best Medicare decisions for your unique health needs.

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Not sure where to start?

Read our quick-start guide for help, including which questions you should be asking as you approach retirement.

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34 articles in Medicare

  • Circle of linked arms illustrates one's ability to coordinate employer-provided and Medicare benefits.

    Coordinating employer-provided and Medicare benefits

    Turning 65 doesn’t necessarily mean that Medicare is your only option for health coverage moving forward. In fact, health insurance can come from multiple sources. This includes COBRA, the Federal Employees Health Benefits Program, TRICARE, and perhaps most commonly, employer-provided health plans. If you will still be working after turning 65, you’ll have the opportunity …

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  • Everyone's personal Medicare timeline looks a little different depending on your individual health care situation and strategy.

    Creating your personal Medicare timeline

    If you’re approaching your 65th birthday, you’d be wise to start preparing—at least mentally—to enroll for Medicare. Unless you’re already receiving social security benefits when you turn 65, it’s not likely that you’ll be signed up automatically. There are several strict deadlines within the Medicare program, and you could face lifelong penalties if you miss …

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  • An airplane taking a Medicare Supplement enrollee abroad.

    Will my healthcare coverage follow me abroad?

    For many people, having the freedom and time to travel is one of the most exciting aspects of retirement. You may have been daydreaming about visiting Italy, Ireland, Indonesia, or Idaho  for years. It is less likely, however, that you’ve thought much about whether your healthcare coverage will follow you abroad. While will typically pay …

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  • Yoga mat on the Renew purple background.

    Retiring before 65

    As far as retirement is concerned, people’s expectations are not always in line with reality. While the average expected age of retirement is 66, the actual average retirement age is 62. Somewhat surprisingly, that’s the highest it’s ever been. This means many people decide to retire before they’ve reached eligibility for one or more government …

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  • Senior man comparing health options online at Renew.

    Is Medicare my only health care option after 65?

    While Medicare is not your only health care option after 65, it is definitely the most common. Many Americans qualify for premium-free Part A coverage due to their work history. This makes Medicare the most affordable option in many cases. For these reasons, most people over the age of 65 choose Medicare for their health …

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  • Envelope with Medicare payment tucked inside.

    Ways to pay for Medicare

    So you’ve chosen a Medicare plan and are ready to submit an application. Whether it’s a Medicare Supplement, Medicare Advantage, or Part D Prescription Drug Plan plan, you know about how much your monthly premium will be. But how will you pay for Medicare? There are a few different ways you can pay your Medicare …

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  • Magnifying glass illustrates the necessity to carefully compare Medicare Supplement plans.

    Choosing the right Medigap policy

    One of the most important decisions you’ll make in retirement is the type of Medicare plan you choose.  And if you’re considering purchasing supplemental coverage, choosing the right Medigap policy is the next big step. There are 11 different types of Medicare Supplement plans. Your options, however, may be limited depending on where you live. …

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  • Illustrations of common health care imagery, like bandages and stethoscopes.

    Master Medicare in under 4 minutes

    Master the basics of Medicare Whether you’re just starting to dive into what Medicare is all about, 
or you’ve done enough research to thoroughly confuse yourself, you’ve come to the right place. In just 4 minutes, we’ll help you get a grasp on the basics. Here’s an overview of what we’ll cover in the video: …

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  • Outstretched hand with coins falling into it, signifying financial assistance in paying for Medicare.

    What if I need help paying for Medicare?

    Access to Medicare is an essential benefit for older individuals. While it is provided by the government, it does cost money. Most people are entitled to premium-free Part A due to their work history, but Medicare Part B and Part D both carry monthly premiums.  Fortunately, there are several programs designed to help qualifying individuals …

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  • Computer monitor comparing various Medicare plans available online at Renew.

    Changing Medicare plans

    If you’re unhappy with your current Medicare plan or are just interested to see if there’s a better or more affordable plan that would work for you, all enrollees do have one opportunity each year to change plans. It’s called the Annual Enrollment Period (AEP) and in 2018, that period will take place between Oct. …

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  • The Medicare Part D donut hole.

    How much do drugs cost with Medicare?

    Understanding your drug costs on Medicare is an important part of getting the most out of your coverage. Drugs are typically one of the biggest costs people face while on Medicare. The average Medicare enrollee is on 5 prescriptions, and Medicare itself spends over $100 billion a year on pharmaceuticals. Even if you aren’t regularly …

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  • Timer counting down to signify that missing a Medicare deadline could lead to expensive penalties.

    Penalties for delaying Medicare

    Signing up for Medicare when you turn 65 isn’t technically mandatory; however, there are significant penalties for delaying Medicare enrollment. Unless you had another form of coverage in the meantime, you could face permanent late enrollment penalties for Part B when you sign up later. It’s also important to note that, if you are over …

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  • A stethoscope, pill, and capsule signify different Medicare coverage options available.

    What Medicare coverage options are available?

    When it comes to Medicare coverage, there isn’t a one-size-fits-all solution. Every person’s health considerations are different, and, luckily, there are many different coverage options available to address this fact. Whether you take multiple prescription drugs daily or are as fit as a fiddle, there is a combination of plans that can work for you. …

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  • Medicare shopping bag with stacks of money.

    How much does Medicare cost?

    Trying to estimate your medical costs is a difficult and often frustrating task. On most health insurance plans, you pay a monthly premium, and then pay “full price” for care until you reach your deductible. Once that’s met, you pay a smaller fixed amount, either through copays or coinsurance, each time you access care. Once …

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  • Medicare signup sheet on a clipboard.

    How do I sign up for Medicare?

    It’s best to think of signing up for Medicare as a (long) 2-step process. First, you need to sign up for Medicare Parts A and/or B directly through the government. Timing is very important when it comes to signing up; delaying your enrollment could result in permanent late penalties. We’ve created a simple step-by-step guide …

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  • Calendar with 65th birthday highlighted to signify the start of the Medicare IEP.

    When can I sign up for Medicare?

    Find out when you can sign up for Medicare. Learn about the different enrollment periods and what happens if you delay signing up.

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Not sure where to start?

Read our quick-start guide for help, including which questions you should be asking as you approach retirement.

Read our quick start guide