Not long ago, when people first enrolled in Medicare at age 65, they usually chose to have a Medicare Supplement F plan. The F plan provided complete coverage, with no out of pocket costs. But the F plan is no longer available to those new to Medicare as of January 1,...
Unless you have a Guaranteed Issue or Special Enrollment, a Medicare Supplement plan is subject to health underwriting. What this means in plain terms is, the insurer is going to decide whether they think you are a good risk. Here is what is normally involved. Health...
Even though we highly encourage you enroll in a Medicare Part D plan for prescription drug coverage, that plan may not always provide the best pricing. Let’s take a look at how prescription drug pricing works. Medication Tier. Each medication falls under a...
Last week we discussed whether you should keep group insurance after Age 65. This week, Mistake #3: Not planning for or appealing IRMAA, the Income related medicare adjustment amount. Most of you know that Medicare collects a premium of $148.50 per month. This amount...
Medicare has been our national health insurance plan for those over age 65, since 1964. Compared to individual health insurance or even group coverage, it is excellent coverage. But you must take an active role in managing your coverage. In the next few weeks, we will...
Right now, one of our most popular Medicare Supplement plans is offering $25 off your monthly premium for the first year. If you are turning 65 this year or, leaving group coverage and just now enrolling in Medicare, your G plan could be as low as $104 per month, when...
