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THE INFO YOU NEED TO MAKE AN INFORMED DECISION
Don’t Be Fooled by These Medicare Pranks: Common Medicare Misconceptions
If you get tricked by a clever April Fool’s Day prank, you can laugh it off. If you get tricked by a common Medicare misconception, it’s no laughing matter. Medicare mistakes can be expensive, and there are enough Medicare myths out there to make even the wisest...
Medicare Mental Health Benefits: What Does Medicare Cover?
Many seniors and people with disabilities struggle with mental health and substance abuse issues. Many seniors and people with disabilities also depend on Medicare for their healthcare. This leads to an important question – how does Medicare cover mental health and...
Medicare COVID Coverage Update: Free Masks, Tests and Boosters
We’re now two years into the pandemic. Hopefully, we’ll be able to put it behind us soon. In the meantime, you may need masks, tests and vaccine boosters. The good news is that you can get all of these for free. Here’s an update on Medicare COVID coverage. Free...
Signing Up for Medicare at Age 65: Six Questions to Ask
Your 65th birthday is an important Medicare milestone. Although some people qualify for Medicare earlier based on disability, most people first become eligible for the program when they turn 65. Many of these people want to enroll immediately, but some people decide...
Medicare OEP: Everything You Need to Know
2022 Medicare Advantage and Part D plans went into effect on January 1. Now that you’ve had a little time to see what your plan is like, there’s a chance you’re disappointed. From Jan. 1 to March 31, individuals that are currently enrolled in a Medicare Advantage Plan...
How to Get “Extra Help” with Prescriptions
The majority of Americans work up until the Medicare qualifying age of 65 to retire and enjoy the infamous golden years. Unfortunately, the golden years are getting more expensive, a large part of it due to the rising costs of healthcare and prescription drug...
Medicare Insurance Rates: What’s New for 2022
Medicare costs are set to increase in 2022. This was expected, but CNBC says some of the increases are much higher than anticipated. If you’re enrolled in Medicare or plan to enroll soon, you need to pay attention to the new Medicare insurance rates for 2022. 2022...
Medicare Star Ratings – What You Need to Know
Medicare Advantage and Medicare Part D prescription drug plans are offered by private insurance companies. According to Healthcare Finance, a poll found that 95% of the seniors surveyed think it’s important to have coverage options other than traditional Medicare....
Get the Most out of the Medicare & You Handbook
Medicare coverage can get complicated. Thankfully, it comes with an instruction manual. That manual is the Medicare & You handbook, and Medicare updates it every year. It’s filled with useful information, so make sure you have the current edition and that you know...
What Is the Advantage of Medicare Advantage Plans?
CMS expects 29.5 million people to enroll in Medicare Advantage for 2022. That’s almost three million more than the number of enrollees who selected Medicare Advantage for 2021. Medicare Advantage plans have been surging in popularity. Here’s a look at why. All-In-One...
Second Chances: What If You Don’t Like Your Medicare Plan?
In a recent article, we looked at the Medicare enrollment periods. We saw that most people enroll when they turn 65, but some people might delay enrollment without paying a late enrollment fee if they have eligible insurance from current employment. What we didn’t...
How Much Does Medicare Cost? What to Expect
Medicare isn’t free. According to MarketWatch, a study published in the Retirement Management Journal found that retirees between the ages of 65 and 94 spend an average of $4,500 on healthcare costs each year, while a Fidelity study found that a 65-year-old couple...