What is Medicare?
Medicare is a federal health insurance program that pays for a variety of health care expenses. Medicare beneficiaries are typically senior citizens aged 65 and older. Adults with certain approved medical conditions (such as Lou Gehrig’s disease) or qualifying permanent disabilities may also be eligible for Medicare.
What are your Medicare Options?
Medicare Supplement
Prescription Drug Plans
Medicare Supplement
Medicare Supplement insurance, often referred to as “Medigap” or “gap” insurance, is designed to cover the co-insurance, or difference between what you are billed by a medical provider and what Medicare actually covers.
Because Original Medicare has cost sharing of 80/20, Medicare beneficiaries are responsible for 20% of a Medicare-cov
Medicare Supplement insurance, often referred to as “Medigap” or “gap” insurance, is designed to cover the co-insurance, or difference between what you are billed by a medical provider and what Medicare actually covers.
Because Original Medicare has cost sharing of 80/20, Medicare beneficiaries are responsible for 20% of a Medicare-covered claim under Part B (medical insurance portion) of Medicare. This means that if you are covered under Medicare and it is your only source of insurance, having the proper Medicare Supplement plan is a critical component, otherwise you could be responsible for significant out-of-pocket costs.
Medicare Advantage
Prescription Drug Plans
Medicare Supplement
Medicare Advantage plans work in many ways like individual health insurance, in that they combine the hospital, medical, and prescription drug coverages into one plan. This means if you are in a Medicare Advantage plan, you will have one identification card.
Medicare Advantage plans are different from Original Medicare in many ways, incl
Medicare Advantage plans work in many ways like individual health insurance, in that they combine the hospital, medical, and prescription drug coverages into one plan. This means if you are in a Medicare Advantage plan, you will have one identification card.
Medicare Advantage plans are different from Original Medicare in many ways, including pricing, coverage levels, co-insurance, deductibles and more. There are also special rules surrounding Medicare Advantage plans.
Prescription Drug Plans
Prescription Drug Plans
Prescription Drug Plans
Choosing the right Medicare Prescription drug plan (Part D plan) can be a confusing and daunting task. There are so many plans to choose from, and unless you understand the coverages, deductibles and formularies, you could make a mistake that you can’t take back, that could cost you thousands of dollars in out-of-pocket costs.
Your pres
Choosing the right Medicare Prescription drug plan (Part D plan) can be a confusing and daunting task. There are so many plans to choose from, and unless you understand the coverages, deductibles and formularies, you could make a mistake that you can’t take back, that could cost you thousands of dollars in out-of-pocket costs.
Your prescription plan should be reevaluated each year during the open enrollment period.