Turning 65 soon? You have a set time to Enroll in Medicare. Contact us to learn about this time frame.
Tuesday, May 17, 2022
Medicare Part B Premiums Rise, While Advantage Plan Premiums Fall
Medicare Part B premiums will increase about 6.7% for most Medicare enrollees for the 2020 policy year, the Centers for Medicare and Medicaid Services announced in early November.
Part B, considered a part of the original Medicare formula, pays for...
Read More: Medicare Part B Premiums Rise, While Advantage Plan Premiums Fall
Tuesday, May 17, 2022
Medicare: Planning for Out-Of-Pocket Drug Costs
Once you qualify for Medicare, you have some choices regarding paying for prescription drugs.
Basic Medicare (Part A and B) does not cover prescription drug costs (except in the case of injectables given by a professional). You will have to either pay out of...
Tuesday, May 17, 2022
Seniors Flock to Four-Star Medicare Drug Plans
Medicare enrollees are flocking to Medicare Part D prescription drug plans with ratings of four or higher, according to a new report by the Centers for Medicare and Medicaid Services (CMS).
The report found that the percentage of Medicare enrollees in four-star Part...
Tuesday, May 17, 2022
Seniors Flocking to Zero-Premium Medicare Advantage Plans
Four bucks. That's the average monthly premium for Medicare Advantage plans, as of the close of the first half of the annual Medicare Open Enrollment period, according to a new study from online insurer eHealth. That represents a substantial decline compared to previous...
Read More: Seniors Flocking to Zero-Premium Medicare Advantage Plans
Tuesday, May 17, 2022
Simple Tips for Seniors to Avoid Medicare Fraud
Experts estimate that about $60 billion is lost annually due to Medicare fraud.
Consumers do not have to be Medicare beneficiaries to be affected by the high cost of fraud. Costs are passed down to all Americans in the form of...
Tuesday, May 17, 2022
The Top Medicare Supplement Plans in 2022
While overall enrollment in Medicare Supplement plans slipped slightly in 2021 after years of steady growth, the richer F, G, D and N plans remain the most popular among beneficiaries.
Medicare Supplement insurance plans (also called "Medigap" insurance) are private plans that helps...
Tuesday, May 17, 2022
Trends Are Favorable for Medicare Advantage Plans
Medicare Advantage plans continue growing in their attractiveness to seniors with their expanded benefits and higher quality of care.
According to an industry group, the Alliance of Community Health Plans (ACHP), there are several positive trends for MA plans that are likely to...
Read More: Trends Are Favorable for Medicare Advantage Plans
Tuesday, May 17, 2022
Turning 65? Here's What You Need to Know About Medicare
When you turn 65, you have some important decisions to make about your Medicare benefits. You must also make these decisions within a specific time frame. It's important to understand your choices, and the timeline by which you must make...
Read More: Turning 65? Here's What You Need to Know About Medicare
Tuesday, May 17, 2022
Understanding Medicare Part D Coverage and Enrollment Options
One of the biggest issues facing seniors on Medicare is choosing which drug coverage option they should go with.
The decision comes down to personal preferences and the drug regimens a Medicare beneficiary is on.
There are two choices for additional coverage:
...Read More: Understanding Medicare Part D Coverage and Enrollment Options
Tuesday, May 17, 2022
What Seniors Are Choosing If They Can't Access Medigap Plan F
Before 2020, Medicare Supplement (Medigap) Plan F was by far the most popular option for Medigap beneficiaries.
That was because Plan F was the most generous of all the Medigap plans available on the market. It essentially covered...
Read More: What Seniors Are Choosing If They Can't Access Medigap Plan F