Monday, October 22, 2018
A: You won’t find the drug plan comparison process difficult if you are comfortable using a laptop or a computer. Since the 2019 pricing information is now showing on www.medicare.gov, let’s do a quick run-through of that process.
Monday, October 15, 2018
A: Unless you take no medications at all, there is a good chance the plan with the lowest monthly premium is not the least expensive drug plan for you.
Let’s think about this for a minute. You really want to consider ALL the costs related to your pl ...
Monday, October 8, 2018
A: Part D plans have an opportunity to change the drugs they cover as well as their premiums, deductibles and copay amounts every year. It’s not safe to assume the plan you have this year will work as well for you next year. What happens if one of your expensive brand name medications is dropped from the plan’s formulary?
Monday, October 1, 2018
A: In a word, no. The F plan is not going away!
Plan F, the most popular of the ten standardized Medicare Supplement plans available today, will no longer be sold to people who become eligible for Medicare on or after January 1, 2020. (This applies to the ...
Monday, September 24, 2018
A: It’s a piece of cake! First, let’s make sure we are all on the same page about who can delay Part B without being charged a late enrollment penalty.
In order to delay Part B enrollment without being charges a late enrollment penalty, all of ...
Monday, September 17, 2018
You might be waiting for an awfully long time. Some people will automatically receive their Medicare card in the mail. The rest of us will actually have to take some action to get our Medicare cards.
If you receive a monthly payment from SSA as you approa ...
Monday, September 10, 2018
A: Although both HMOs and PPOs use provider networks, you’ll want to understand the differences between these two types of insurance.
Monday, August 27, 2018
A: Great question! Financial assistance is available to help people on Medicare with the cost of their drugs. Known as LIS (low-income subsidy) or Extra Help, the program is estimated to save people an average of $4,000/year.
Monday, August 6, 2018
A: You can increase the amount of your Social Security payment by working longer. If you start your Social Security benefits before your full retirement age, you agree to accept a smaller amount than you would have received if you had worked until your fu ...
Monday, July 30, 2018
A: You do know why that’s important, right? Everyone doesn’t pay the same Part B premium. If you make more than $85,000 (or $170,000 if you are married and filing jointly), you will pay more, sometimes much more, than the standard $134/month P ...