When evaluating your Medicare prescription drug costs, it’s important to select a plan that fits within your budget and allows access to your covered medications through the pharmacy of your choice or mail order. The costs for Medicare prescription drug coverage can vary depending on your list of medications, where you live and how you …
How Much Does Medicare Part D Prescription Drug Coverage Cost? Read More »
Determining the average costs for Medicare plans is important for selecting a plan that offers the most benefit to you while staying within your budget. The costs for Medicare depend on your plan choice, your health conditions and frequency of doctor visits and hospitalizations, and prescription drugs required for treatments. This blog post provides information …
While our health concerns are paramount in determining the right fit for various Medicare plans, it’s also important to understand the financial aspects of Medicare. Once you enroll in Medicare Parts A and B, you are responsible for paying coverage-related premiums, deductibles and copayments. In this blog post, we’ll explore the anticipated costs for Original …
The Cost of Original Medicare Premiums, Copayments and Deductibles Read More »
Cost is just one of a number of factors to consider when evaluating your Medicare options. To determine your total costs when selecting a plan, it’s important to include your Medicare premiums, supplemental premiums, copays, deductible, coinsurance and the maximum out-of-pocket on your policy. Your evaluation of cost should accompany consideration of plan coverage and …
To prevent fraud and provide structure to the Medicare program, The Centers for Medicare and Medicaid Services (CMS) have established guidelines for agent meetings, communications and compliance. As a result, it is important that you as a Medicare beneficiary identify agents that are compliant with their Medicare insurance licensing, certification and compliance. The Rules Licensed …
Why You Should Work with a Licensed Medicare Insurance Agent Read More »
One of life’s most desirable milestones is reaching retirement. Along with this incredible event is enrollment into Medicare. Most individuals enroll in Medicare when they first turn 65, while others may work longer and delay Medicare enrollment until they retire. If you are working past 65 and planning to fund a Health Savings Account (HSA), there are …
A growing number of Americans are choosing to work past their 65th birthday. According to data from the Bureau of Labor Statistics (BLS), approximately 20% will decide to continue working well into their 60s and 70s. The top reason for the shift is a positive one. As many as 75% of Americans over the age …
Your Medicare Enrollment Choices When Working Past The Age of 65 Read More »
Research shows that between 10 and 12 thousand people turn 65 each day, making them eligible for Medicare. While working, you will notice Medicare taxes (for Medicare Part A hospital insurance) are taken out of your paychecks. Once you or your spouse work the required 40 quarters or 10 years, you will not have to …
More than 60 million Americans receive Medicare benefits. In fact, over 18% of Americans are currently covered under the federal Medicare program. After successfully enrolling in the program, understanding how to use your Medicare card is very important with respect to accessing and paying for care. This article will provide you with the basic information …
There are many circumstances in which Medicare beneficiaries are enrolled in two health insurance plans at the same time. As you can imagine, there are a number of scenarios one can fall into; however, there are regulations in place to determine the coordination of benefits (COB). This specifically determines which plan pays first and then …
