Our Medicare Blog
2022 Medicare Premium and Deductible Increases for Part A, Part B and Part D
The Centers for Medicare & Medicaid have made several changes to Medicare premiums and deductibles that take effect in 2022. These changes include costs associated with Original Medicare (Parts A and B) and Part D Income-Related Monthly Adjustment amounts. To understand these changes, we will explore the cost increases and adjustments and how they will impact your 2022 benefits. Premium and Deductible Changes to Parts A, B and D in 2022 Medicare Part A offers
Annual Medicare Plan Review and Your Prescription Drug Coverage
If there is one thing certain in our lifetimes, it’s change. Medicare understands your needs and budget can change during the year, so you have the opportunity to address your medical needs and budget during the Annual Enrollment Period, which happens each year from October 15th through December 7th. In our experience, the Medicare Part D drug coverage is the part of Medicare that typically has the most change, so annually reviewing your Part D
What Happens If Your Medicare Plan Leaves The Market?
One certainty in life and Medicare is change. Sometimes these changes are outside of our control. Medicare plans are operated and offered by private insurance companies. By virtue of having private companies operate these plans, they have the freedom to modify, amend or remove plans from the market. Of course, they have to do so compliantly with Medicare, but this does happen. If your Medicare plan is being discontinued for the upcoming plan year, what
How Much Does Medicare Part D Prescription Drug Coverage Cost?
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 fill your prescriptions. This blog post provides information on the costs you can expect for stand-alone Medicare Part D prescription
How Much Does Part C Medicare Advantage Cost?
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 on the Medicare costs you can expect based on the type of plans you choose. Understanding Medicare Advantage Part C
The Cost of Original Medicare Premiums, Copayments and Deductibles
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 Medicare. Costs for Medicare Part A Before addressing cost, it’s important to understand what Medicare Part A covers. Medicare Part
