Unfortunately, Medicare doesn’t cover funeral or cremation expenses. Death isn’t deemed a qualifying event under Medicare.
If someone close to you was a Medicare beneficiary, it's important that you report their death to prevent incorrect billing for Part B premiums. This will also minimize the risk of fraud.
Additionally, don't forget to reach out to each supplementary insurance carrier to cancel additional insurance policies.
If you lack substantial savings to cover end-of-life expenses, consider obtaining final expense insurance.
Assessing your financial situation and choosing a burial policy can be wise if your savings aren't adequate to cover funeral expenses.
By doing so you can provide peace of mind for you and your loved ones.
For more information about Medicare, please speak with a Senior Healthcare Solutions Medicare expert today at 866-633-4427.
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