Choosing the right Medicare plan may seem like a daunting task for many. Nonetheless, with a clear understanding of the differences between the plans, you can enroll in one that best suits your needs. The Pros and Cons of Medicare Vs. Medicare Advantage If You… Take prescription drugs Original Medicare only covers prescription drugs if Read More
Seniors may wonder if they can join both Medicare and Medigap. The answer is yes, you can if it’s the same insurance company, but you may need two separate plans with separate premiums. Otherwise, if the companies are different, the Medigap provider will discontinue prescription drug coverage from your plan when they learn you’ve joined Read More
In the U.S., seniors typically pay more for healthcare compared to other groups. For instance, according to estimates from Fidelity Investments, the average 65-year-aged couple retiring in 2021 will spend about $300,000 in medical costs. Fortunately, Medicare enrollees can access certain no-cost health services, allowing them to keep their healthcare costs relatively low. It’s important Read More
At the end of every year, individuals enrolled in Medicare can update their options through what’s known as Open Enrollment or Annual Election Period (AEP). Members can make changes to their plans from October through the end of the year. Here’s what Medicare health plan members should think about as they renew their coverage options. Read More
Many seniors may wonder how to know if they should trust their Medicare advisor. Adding specific terms in your keyword search for Medicare advisors helps. Here are tips on how to search for and evaluate knowledgeable and trustworthy Medicare advisors. Use Search Tools The internet is usually the best place for any type of research. Read More