How Much Does Medicare Cost? Medicare costs can be different person to person, depending on which type of plan you choose. After you have a basic understanding of Medicare and it’s basic components, you will want to know how much does Medicare cost? The answer is, it depends on how you structure it. Let’s break … Read more
What are the Medicare Penalties for Late Enrollment? There are two main Medicare penalties for late enrollment to be aware of when you are planning your health care in retirement. The first is the Part B late enrollment penalty, and the second is the Part D late enrollment penalty. Let’s look at both penalties and … Read more
What is AEP? Medicare’s Annual Enrollment Period AEP stands for Annual Enrollment Period. It is the time of year when Medicare Beneficiaries can switch or enroll in Medicare Part D, drug plans and / or Medicare Advantage Plans. Do you love a good acronym? How about a very large amount of them? The health and … Read more
The Most Frequently Asked Medicare Questions (FAQ’s) & Answers Once you are familiar with the basics of Medicare, these are the Medicare questions we hear the most often that you might have too. If you are starting from the beginning and do not have a basic understanding of Medicare, we recommend checking out our pages … Read more
Medicare Part D Prescription Drug Plan Information Part D of Medicare covers Prescription Drugs. There are different Part D Prescription Drug Plans available. When you choose a plan you will find various costs and coverage. However, the government establishes a “standard level of coverage” that each plan must meet. Each plan has a formulary – … Read more
Medicare Advantage vs Medicare Supplement (Medigap): What Medicare Plan is Best for Me? I am a firm believer that there is a good Medicare health plan out there for everyone. Moreover, there might even be more than one good choice out there for your situation. If there is more than one good choice available to … Read more
What is Medicare? Medicare is the U.S. national health care program that provides seniors age 65 and older, and some disabled people, with health insurance. The U.S. government started the program in 1966. The Centers for Medicare and Medicaid Services runs these programs. Medicare also covers people with end stage renal disease and amyotrophic lateral … Read more