When is the Best Time to Sign Up for Medicare? Most people should sign up for Medicare three months prior to their 65th birthday. You can delay enrolling if you have employer coverage. In this article, we'll explain everything you need to know to get all your Medicare benefits on time and … [Read more...] about When To Apply for Medicare If You’re Turning 65
Blog Posts Related to Medicare Part D
On this page, you will find articles related to Medicare prescription drug plans (Medicare Part D).
In our second article in the Medicare Mistakes Series, we discussed why it is a mistake not to enroll in Medicare at age 65. In Mistake #3, we're going to address an equally important topic, not signing up for Medicare if you are still working. If you are still working at age 65, yes, you should … [Read more...] about When to Sign up for Medicare if Still Working at 65
Many people mistakenly believe that Medicare is free for everybody, including when you turn age 65. After all, during the years we work, we pay Medicare taxes, right? Medicare is not free for everybody. Medicare is not free at age 65. And Medicare is not free for the disabled. Our taxes pay for … [Read more...] about Is Medicare Free For Everybody?
For some people, the switch to Medicare is welcome. However, even with Medicare being universally available, Medicare coverage varies widely among individuals. If you look at Medicare Advantage plans, you already understand how many options exist. Most of these plans include prescription … [Read more...] about Paying for Drugs When You Have a Medigap Plan
Medicare is the government medical insurance plan for older Americans and people with certain disabilities. As of 2022, more than 64 million Americans rely on Medicare for their primary health insurance needs. By the year 2032, this number will swell to nearly 80 million people. In this … [Read more...] about When Does Medicare Start? 7 Important Facts You Need to Know.
Prescription medications can be difficult to keep up with financially, especially when needed to treat a chronic condition, like diabetes. Insulin in particular has suffered from skyrocketing prices over the past few years. Fortunately, as of January 2021, Medicare introduced the Senior Savings … [Read more...] about Does Medicare Cover Insulin?
In Medicare Mistake #9 we talked about how expensive it can be to go out-of-network in a Medicare Advantage plan and what you can do about it. Similarly, retiring can also be costly with Medicare. In this tenth and final edition of our Medicare Mistakes Series, we'll address three things you need to … [Read more...] about Medicare Mistake #10: Costly Financial Moves when You Retire
In Medicare Mistake #5 we talked about why the best plan for your spouse or friend might not be the best plan for you. In this Medicare Mistakes article, we'll address the importance of reviewing and understanding your coverage to make sure you're actually getting what you need. Key Takeaways … [Read more...] about Medicare Mistake #8: Not Reviewing and Understanding Your Coverage
Medicare health insurance is a very personal product. And, other than a household discount from some Medicare supplement companies, there are no discounts for choosing the same plan as your spouse. In this, the fifth article in our Medicare Mistakes Series, we'll cover why buying the same coverage … [Read more...] about Medicare Mistake #5: Getting the Same Medicare Plan as Your Spouse
Possibly nothing gives seniors a bigger headache than their Medicare prescription drug plan and drug costs. So, after dozens of emails asking about the 2021 WellCare Value Script Medicare Part D plan, we decided to take a closer look. Is WellCare Value Script the Best or Worst Part D plan for … [Read more...] about WellCare Value Script PDP: Best or Worst 2021 Part D Plan?
If you are getting your Medicare benefits for the first time, the jargon may sound foreign, but you don't need Medicare for Dummies to figure it out. Once you learn the ABCs and D of Medicare, you'll be well on your way. In this MedicareWire blog post, we'll break down the four main parts of … [Read more...] about Understanding Medicare in 4 Easy Steps
The federal Medicare program is a series of lettered (A, B, C, and D) health insurance programs available to people, age 65 and older, and certain adults with qualifying disabilities. Medicare Part A and Medicare Part B (Original Medicare) is provided directly by the government, whereas Medicare … [Read more...] about What Is Medicare Part F?
It has long been assumed that Medicare Advantage plans are the way to go if you need a low monthly premium. The risk trade-off, of course, is higher out of pocket costs until you reach the annual spending limit. However, the premiums are so low on most of the basic plans that many seniors wonder, … [Read more...] about Medigap Plans K and N vs. Medicare Advantage Plans