The Annual Election Period (AEP) is a crucial time for Medicare Advantage beneficiaries to review and make changes to their healthcare coverage. AEP occurs annually from October 15th to December 7th, allowing beneficiaries the opportunity to assess their current...
“Using his expertise, the advisor delved into researching insurance plans that would not only cover the new drugs but also enable Eve to maintain her relationship with her primary care provider.” For years, Eve, a 71-year-old woman, had been managing a medical...
Medicare Part A Most people don’t have to pay a premium for Medicare Part A. If you’ve paid Medicare taxes, generally, at least 10 years, or you enrolled in Medicare before 65, you won’t pay a premium for Medicare Part A. Buying Medicare Part A is an option if you...
Regardless of your coverage type, Medicare gives beneficiaries opportunities every year to change coverage to adjust to their ever-changing needs. The biggest time for changing Medicare coverage is the Annual Enrollment Period or AEP. Every year, from October 15th to...
What is the Medicare Part D Donut Hole? The term “donut hole” often refers to the coverage gap within Medicare Part D Prescription Drug plans. If you’re new to Medicare, you might not be familiar with this term. The donut hole, in short, refers to...
2023 Medicare Part A and B Deductibles, Premiums, and Medicare Part D Income-Related Monthly Adjustments Amounts In late 2022, the Centers for Medicare & Medicaid Services (CMS) delivered the dollar amounts for the 2023 Original Medicare Part A & Part B...
