Medicare’s Annual Enrollment

As Medicare Open Enrollment Nears, Here Are the Changes Medicare's Annual Enrollment Period begins Oct. 15. and runs through Dec. 7. This is the time to reassess your Medicare plans.  As you get started, you should ask yourself: Am I satisfied with my current plan? Am I comfortable maintaining it for another year? Are the medications I need in my plan's formulary next year?   How much can I expect to pay for my medications next year? If you are a current Medicare recipient, you should have receive your Annual Notice of Change from your Advantage plan or pharmaceutical plan…

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Six Most Common Errors Medicare Enrollees Make

Choosing the right Medicare plan is one of the most important decisions you have to make as a senior. Since there are hundreds of policies to consider when choosing, and an overabundance of information to plow through with each one, most people just get frustrated and guess when they choose a policy. But by taking that approach, they can end up hurting themselves by paying too much for a plan that does not cover their needs. These are the six most common errors to avoid when enrolling in Medicare: Signing up too late or too early The initial enrollment period…

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Two Popular Medigap Plans Closing to New Beneficiaries in 2020

Two of the most generous and popular Medicare supplement (Medigap) plans are getting phased out starting next year, but only to new beneficiaries. Beginning in 2020, plans F and C will no longer be available for those just joining Medicare. Plan F has been the top-selling Medigap plan for years, as it provides the broadest coverage of any of the Medigap plans. While premiums are relatively high, once you are enrolled you won't have to pay anything out of pocket for medical services covered under Medicare. What do Plan F and Plan C cover? The two soon-to-be discontinued plans both…

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