Medicare Part D does not cover 100% of your prescription drug costs. There is a well known gap in this coverage that leaves many beneficiaries paying more than they expected, popularly known as the Medicare donut hole. Let’s discuss what it is and why it’s important to learn how you can potentially lower your costs. …
Once you have enrolled in Medicare, you have two main time frames during which you can change your Medicare coverage: during the Medicare Annual Enrollment Period (AEP) that runs from October 15 through December 7, and during the Medicare Advantage Open Enrollment Period that runs from January 1 to March 31 each year. You should …
Factors to Consider When Changing Your Medicare Coverage Read More »
In the United States, Medicare benefits help provide health care coverage for more than 60 million people, from beneficiaries turning 65 to individuals with qualifying medical conditions. Enrollment periods guide when Medicare beneficiaries are able to enroll, disenroll or change their Medicare plan. Since you can incur lifetime penalties if you miss enrollment deadlines, it’s …
Understanding Medicare Special Enrollment Periods Read More »
