A lot of people new to Medicare will come to see me already having done some homework. They have a pretty good idea of how Medicare works and understand the difference in Original Medicare and Medicare Advantage. They might have even decided on which Medicare supplement they want. That supplement is almost always the Plan F.
It is December 2nd and by now you are all very aware of the Medicare Annual Enrollment Period (AEP). This is the time of year from October 15th to December 7th when you can make changes to Medicare Advantage plans and Medicare Prescription Drug plans. You may recall from my past articles that there are
In the first four parts of our series, we learned about Original Medicare, Medicare Supplements, and the Medicare Prescription Drug Program. In the fourth and final chapter, we will attempt to demystify Medicare Part C, also known as Medicare Advantage. Medicare Advantage, or Medicare Part C plans replace your original Medicare A and B
In the first two parts of our series of articles on Medicare, we learned how original Medicare along with a Medigap plan (AKA Medicare Supplement) can help to reduce or even eliminate your out-of-pocket risk. In part three, we will discuss the Medicare Prescription Drug Program known as Part D. Medicare Part D – the
In part one, we learned about Original Medicare – what it pays, and more importantly, what it doesn’t pay. In part two we will discuss Medigap plans – AKA Medicare Supplements. As of this writing, there are 11 Medicare supplements available. Plans A, B, C, D, F, High Deductible Plan F, G, K, L, M,
This is part one of my four part series on Medicare and the basics of what you need to know when you first enter the Medicare world. In part one, we will cover what is referred to as Original Medicare. In later parts, we will discuss Medicare supplements, Medicare Advantage plans and Medicare Part D