Medicare Advantage Open Enrollment Period (For Individuals Currently Enrolled in a Medicare Advantage Plan) January 1st through March 31st The Medicare Advantage Open Enrollment Period (OEP) gives you the opportunity to enroll in another Medicare Advantage (Medicare Part C) plan or go back to Original Medicare (Medicare Part A and Medicare Part B). Normally, [...]
Medicare Premiums Income Related Monthly Adjustment Amount Some individuals believe that once they begin Medicare, that it is free. Unfortunately, that is not true. Original Medicare is composed of two working parts, Medicare Part A and Medicare Part B. Medicare Part A is free for most individuals because they paid Medicare taxes while working. [...]
Medicare and Marketing Agents assisting you with your Medicare options ARE NOT allowed to….. Ask for information, such as your bank account, over the phone unless it’s needed as part of an enrollment. Require you to provide them your Medicare Number or Social Security Number for a quote. Plans don't need those numbers to [...]
Medicare Supplement Plans A Medicare Supplement insurance plan, also known as Medigap, is an insurance you can buy that helps pay for the out-of-pocket costs Original Medicare doesn’t cover. There are ten different supplemental plans to choose for coverage. Plans are referred to by letters. The three most purchased plans are Plan [...]
Medicare Supplement Plan G: A GREAT value!
Medicare Annual Enrollment Medicare's Annual Enrollment Period (AEP) begins October 15th and runs through December 7th. This is your time to review your Medicare coverage. There will be many changes coming for year 2025. Our job is to note changes concerning plans and assist you in making the best decision for your coverage. What [...]
Annual Notice of Change Letter During the month of September, you should receive a Medicare Annual Notice of Change (ANOC) Letter. What is the Purpose of this Letter? The purpose of the ANOC letter(s) is to describe any changes for the upcoming year. You should except to receive a letter if you have a Prescription [...]
Paying Your Medicare Part B Premium You are probably like most people and receive Medicare Part A at no cost. Medicare Part A is premium free if you or your spouse worked 10 years or more and paid Medicare taxes while working. However, Medicare Part B is not free. If you are receiving retirement benefits [...]
Medicare and Medicaid Medicare and Medicaid are two separate programs that are both run by the government. A person may qualify to receive benefits from one or both programs. The major difference between Medicare and Medicaid is that Medicare covers health care mainly for people age 65 and older. Medicaid is for people with low income. Medicare provides health [...]
New to Medicare Several months prior to your 65th birthday, something happens. You start receiving mail and phone calls like never before. Every phone call and letter you receive in the mail is about Medicare. You will also receive a book in the mail entitled Medicare and You Handbook. This book has information and terms [...]
