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 Premiums Medicare Part A Covers inpatient hospitals, skilled nursing facilities, hospice, inpatient rehabilitation, and some home health care services. Thankfully, most Medicare beneficiaries do not have a Part A premium since they have 40 or more quarters of employment. Forty Quarters is the equivalent to ten years. For a stay in a skilled nursing [...]
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 [...]
Original Medicare & Medicare Advantage Comparing the Two Options Original Medicare (Medicare Part A & Medicare Part B) and Medicare Advantage (Part C) are two different ways to receive your Medicare benefits/coverage. Both options provide you with hospital and medical insurance, but there are differences between them. Learning about the differences in your coverage options will allow you [...]
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 [...]
Alzheimer's & Brain Awareness Each month groups and organizations highlight various health and medical conditions to increase awareness and provide educational information. The mission and overall goals are to improve the health of everyone in the United States. The month of June is dedicated to raising awareness of Alzheimer’s disease and brain health. As part [...]
Working at age 65? Do you keep employer coverage or enroll in Medicare? The month you turn 65 you are eligible to receive your Medicare benefits. In most cases, you don’t have to sign up for Medicare if you have health insurance through your or your spouse’s employer. If you or your spouse [...]
What is the process of enrolling in Medicare Part B?
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, [...]
