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 (Parts A & 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 also differences between them. It's important to learn about the differences in your coverage [...]
The Annual Election Period for Medicare begins October 15th and runs through December 7th. This is your time to review your Medicare coverage and decide if you would like to make a change for the upcoming year. It is important to review your plan annually to see what changes are approaching. Our job is to [...]
Annual Notice of Change Letter Each year Medicare premiums and deductibles change. 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. The insurance company providing your [...]
Medicare in Tupelo, MS Medicare plans available to those eligible in Tupelo include Medigap, Medicare Advantage, and Part D prescription drug plans. Enrollment into any of the following plans requires eligibility for Medicare. Depending on your needs, the most comprehensive coverage offered is through a Medigap plan, also referred to as a Medicare Supplement plan. You first become eligible [...]
2020 Medicare Costs - A brief overview of Medicare Part A and Medicare Part B premiums and costs
Do I Need to Enroll in Social Security to Receive Medicare Coverage? Can you receive Medicare benefits without Social Security? You sure can! Medicare and Social Security are connected in several ways, but they are not one in the same. You may think that in order to begin Medicare you must start your Social Security [...]
Working at Age 65 and Medicare You are generally eligible for Medicare at age 65, with an enrollment window leading up to your 65th birthday. This enrollment opportunity begins three months prior to your birthday month and ends three months afterwards. Signing up for Medicare on time can help you avoid penalties. If you are [...]
Shingles Vaccine Does Medicare Cover the Shingles Vaccine? Beginning January 2023, Part D plans must include most commercially available vaccines on their formularies. This includes the vaccine for shingles. The only exceptions are flu, pneumonia, hepatitis B, and COVID-19 vaccinations. These vaccines are covered by Medicare Part B. All Medicare-covered vaccines should be free to you. [...]
Medicare Premiums: IRMAA 2023 The Medicare Part B premium will be $164.90 for 2023. That is a slight decrease from the 2022 monthly premium of $170.10. The Part B deductible will also see a decrease. The deductible will drop from $233 to $226. Most Medicare beneficiaries will pay a monthly premium of $164.90 for [...]
