Medicare Portal's Medicare Blog
As we age, many of us will experience some degree of hearing loss and as a result, may require the assistance of hearing aids. Many are unaware of the high cost of hearing aids, so it’s important to know how hearing aids are covered under your Medicare plan benefits if you are affected by hearing loss. Let’s explore what Medicare plan types do and do not provide such coverage as it relates to hearing aids.
What is a Medicare Late Enrollment Penalty? A Medicare Late Enrollment Penalty (LEP) is an additional monthly amount you will be required to pay to Medicare if you did not enroll in Medicare Part B and/or D when you first became eligible. Additionally, for those that have to pay for Medicare Part A, there is also a late enrollment penalty for not signing up when first eligible, which is typically when you turn 65. The
When it comes to Medicare, it’s important to research coverage options to find a plan that works for you and provides the benefits you need. One of the most popular ways to obtain your benefits is through a Medicare Advantage plan, in part because there are many different types of coverage options available. The specific plan types available in our service area to look at are Health Maintenance Organization (HMO) and Preferred Provider Organization (PPO).
Each year before the Medicare Annual Enrollment Period (AEP) arrives, it’s smart to prepare for this opportunity to review your coverage. Finding the right Medicare plan that meets your needs can be challenging; however, there are local independent Medicare insurance agents that can, at no cost, offer you assistance with your plan evaluation and research. If you need help, contact a local certified Medicare insurance agent to learn how they can help you weigh your
The Annual Enrollment Period (AEP) presents Medicare beneficiaries like yourself with the opportunity to change your existing coverage choice each year from October 15 – December 7. It’s easy to be overwhelmed by all the available options for Medicare Advantage plans (formally referred to as Medicare Part C plans) and Part D prescription drug plans, as well as the time needed to research plans and find one that optimally suits your needs. Let’s explore some
If you wish to make changes to your Medicare Advantage (sometimes referred to as a Medicare Part C plan) or Medicare Part D prescription drug plans, you can do so during the Annual Enrollment Period (AEP). AEP, which stands for the Annual Election Period, begins on October 15 and ends on December 7 every year. This blog post covers the changes you can make to your Medicare coverage during this enrollment period. Switch to a