A Medigap policy, also called Medicare Supplemental Insurance, can significantly reduce your out-of-pocket healthcare costs if you’re enrolled in Original Medicare. However, it is not available for those with private Medicare Advantage plans, also known as Medicare Part C. People
The Importance of Creditable Coverage if Delaying Medicare
As more seniors choose to work beyond the age of 65, it’s crucial to understand the significance of creditable coverage concerning Medicare and the potential consequences of not having it. Medicare creditable coverage refers to insurance that is considered as
What does Medicare Supplement Part N Cover
Medicare Supplement Plan N is one of the most popular Medicare supplements and provides coverage for most of your Medicare Part B coinsurance costs, except for a $20 copayment for office visits and a $50 copayment for emergency room (ER)
Appealing IRMAA decisions
If your income exceeds a certain threshold, you may be required to pay an Income-Related Monthly Adjustment Amount (IRMAA) in addition to your Medicare Part B and/or Part D premiums. The Social Security Administration (SSA) determines whether you owe an
What is a Medicare Advantage Plan?
Medicare Advantage plans, commonly referred to as Part C, is a bundled alternative to original Medicare and provided by private insurance companies contracted by the federal government to provide health benefits to people who qualify for Medicare. How Does Medicare
What to look for in Medicare Prescription Drug Plan
There are a lot of considerations when choosing a Medicare prescription drug plan: what to look for, understanding formularies, and more. Below are three items to look for when considering the plan that is best for you. Evaluate Medicare drug
Creditable Drug Coverage
Medicare defines “creditable coverage” as coverage that is at least as good as what Medicare provides. As such “creditable drug coverage” is as good or better than Medicare Part D. Here is why creditable drug coverage matters in Medicare Having
Medicare Plan Quote Tool
Review our free no-obligation Medicare Quote Tool.