Are You Ready for Medicare Open Enrollment?
It's Medicare open enrollment period starting October 15 and through December 7, 2019. Your chance to change coverage (Medicare plans) if you want. Medicare Part C plans, known as Medicare Advantage plans are private health insurance plans, mainly HMOs and PPOs, for people enrolled in Medicare. If you enroll in a Medicare Advantage plan, you still have Medicare, but you get all of your Medicare-covered benefits through a private plan. Most Medicare Advantage plans also cover prescription drugs and may cover other services, like vision, dental, and hearing. If you have Part A and Part B and are covered underContinue reading
When Does Medicare Annual Enrollment Period End? Soon!
If you need to make changes to your Medicare coverage for the upcoming year, mark your calendar for December 6th! It’s when the 2020 Medicare Annual Enrollment Period (AEP) will end. After that date, you will not be able to make changes to your existing Medicare coverage until next October. In case you’ve been thinking about making changes to your existing Medicare plan, now is the time to take action! Book your appointment as soon as possible While December 6th may seem a ways off, November is a busy month for everyone, including your plan providers. Additionally, Thanksgiving falls onContinue reading
Medicare Open Enrollment 2019: What You Should Know
What: Medicare Annual Enrollment Period (AEP) Also known as the Annual Election Period or Medicare Open Enrollment When: October 15 through December 7, 2019 Medicare beneficiaries have one guaranteed chance to make changes to their Medicare enrollment each year — the Medicare Annual Enrollment Period from October 15th through December 7th. During this period, you can: Enroll in a Medicare Advantage Plan Enroll in a Part D Prescription Drug Plan Drop a Part C or D Plan Understanding the Medicare Parts Original Medicare — Parts A & B Original Medicare, the coverage offered by the federal government, includes coverage forContinue reading
6 Ways Seniors can Save on Prescription Drugs
Prescription drug use is increasing across all groups of people. But seniors are the most like to use multiple medications at once. This phenomenon, called polypharmacy, sees some seniors saddled with ten or more prescriptions. As age increases, so does the number of pills consumed each day. Whether or not polypharmacy is the best option medically, the financial burden is undeniable. Even with a Medicare Part D plan, prescription drugs costs stifle many seniors. This is especially true in the coverage gap, where patients are responsible for a larger percentage of drug costs. If you’re overwhelmed by the cost ofContinue reading
If you get cancer, what does medicare cover?
A cancer diagnosis after the age of 65 can be overwhelming, but with Medicare and the right supplemental coverage, paying for medical care doesn’t have to be. Understanding the facts and benefits of Medicare regarding cancer coverage will make going through the process of treatment, from oral medication to surgery, a little bit easier for patients and their loved ones. If you get Cancer what does Medicare Cover? Medicare does a very good job of covering cancer treatment for those 65 and over. The American Cancer Society reports that Medicare pays for nearly half of the $74 billion spent on cancerContinue reading