2020 isn’t far off, and as the new year approaches, we get closer to the launch of changes in Medicare costs. You’ve probably seen commercials on TV or received info in the mail regarding these changes and are in the middle of figuring out how they will affect you and your Medicare. Well, just as …
If you’re nearing 65, now is the time to familiarize yourself with Medicare to assure you understand of how the different parts of it function together, like Medicare Part B. Original Medicare consists of Part A and Part B. Original Medicare is health coverage that is managed by the United States government using a third-party …
It’s no secret that 2020 Medigap plans could help save you money. A Medicare Supplement plan, also referred to as Medigap, provides supplemental coverage to Original Medicare Part A and Part B. Original Medicare takes care of expenses related to hospital stays and most other medical services. Still, there are some things Original Medicare does …
The Medicare Extra Help program for Part D is designed to help with the costs of prescription drug coverage. Medicare Extra Help was created to assist with premiums, co-pays, and deductibles. The following is a guide to help you determine if you are eligible for the Extra Help program. Automatic Qualification for Medicare Extra Help …
There has been a lot of talk about not being able to purchase or keep existing Medicare supplement plans C or F in 2020. The truth is if you already have a Plan C or F, you can keep it, and if you turned 65 before January 1, 2020, you can still purchase a new …
One crucial component of overall Medicare packages are the 2020 Medicare Part D plans. If you don’t have Part D, you will have to pay the full cost of your prescription medications. Medicare Part D is coverage for prescription medicine. It is insurance that can help to offset the price of your prescriptions. The cost …
Herb, because he was turning 65, had his mailbox is crammed full of mail from insurance companies every week pushing their Medicare plans. With all this information, who can possibly get a grip on it? Even at 64 and 6 months, Herb has a lot to do. Spending time with his grandkids, going fishing with …
There has been much talk about not being able to purchase or keep your existing Medigap Plans C or F in 2020. However, the truth is, if you already have a Plan C or F, you can keep it. Also, if you turned 65 before January 1st, 2020, you can still purchase a new plan …
Sometimes, Original Medicare just doesn’t cut it. Perhaps the costs you are left paying after an extended hospital stay are too high. Maybe you need chemo treatments, and the expenses are adding up quickly. Medicare alone does not cover all your medical costs. For instance, there is a $1,364 deductible for hospital stays. For outpatient …
Fall is finally here. The time of year that brings to mind thoughts of pumpkins, apple cider, Halloween, and making changes to your Medicare plan. Maybe that’s a stretch, but if you’re 65 or older and on Medicare, you’ll want to be aware of the upcoming Medicare Annual Enrollment Period (AEP). The Medicare Annual Enrollment …
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