Possibly nothing gives seniors a bigger headache than their prescription drug plan and drug costs. So, after dozens of emails asking about the 2019 WellCare Value Script Medicare Part D plan (PDP), we decided to take a closer look. Is it the best or worst Part D plan for 2019? The first thing to understand about the low-cost WellCare PDP is that it has a low cost for a … [Read more...]
My Medicare Advantage Plan Is Not Offered In 2019. What do I Do?
I received a notice that my Medicare Advantage plan won't be available in 2019. What do I need to do? This year, thousands of seniors received a notice from their Medicare Advantage (MA) plan telling them that the insurance carrier will no longer be offering coverage in their area. If you received this notice, you have two options. You can join a different MA plan that's … [Read more...]
2019 Medicare Part D Changes
Our initial analysis of the 2019 Medicare Part D Plan (PDP) data for prescription drug coverage, released by the Centers for Medicare and Medicaid Services (CMS) on the 29th of September, concludes that: Medicare beneficiaries in most states have more PDP options, and; Many beneficiaries will experience an overall cost increase unless they choose a 2019 plan with a … [Read more...]
Medicare Plan F: What Does this Medicare Supplement Offer?
What is Medicare Plan F? Here's a quick overview of Medicare Supplement Plan F: Works in lock-step with Medicare Part A and B (does not replace it). About 56% of seniors with a Medigap policy choose Plan F. Covers Medicare Part A Deductible. Covers Medicare Part A Coinsurance and an additional 365 days of hospitalization. Covers Medicare Part B Deductible. … [Read more...]
Medicare Advantage vs. Medigap: Which Is Best?
Comparing Medicare Advantage and Medigap (Medicare Supplements) Medicare Advantage replaces your Original Medicare benefits with managed care. Medicare Supplement insurance fills gaps in your Original Medicare benefits. Choosing the best option is easy if you follow the simple steps outlined below. Medicare Advantage enrollment has increased significantly over the … [Read more...]