In Medicare Mistake #9 we talked about how expensive it can be to go out-of-network in a Medicare Advantage planMedicare Advantage (MA), also known as Medicare Part C, are health plans from private insurance companies that are available to people eligible for Original Medicare (Medicare Part A and Medicare Part B).... 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...]
Blog Posts Related to Medicare Part D
On this page, you will find articles related to Medicare prescription drug plans (Medicare Part D).
Medicare Mistake #8: Not Reviewing and Understanding Your Coverage
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...]
Medicare Mistake #5: Getting the Same Medicare Plan as Your Spouse
Medicare health insurance is a very personal product. And, other than a household discount from some Medicare supplementMedicare Supplements are additional insurance policies that Medicare beneficiaries can purchase to cover the gaps in their Original Medicare (Medicare Part A and Medicare Part B) health insurance coverage.... 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...]
Medicare Mistake #3: Not Signing Up for Medicare If You Have Retiree, COBRA, or Other Health Coverage
In Mistake #2 of the Medicare Mistakes Series, we addressed forgetting to enroll in Medicare at age 65, but we skimmed over the issue of not enrolling if you are still working and have group health coverage through your employer. In some cases, it's okay to keep your employer's coverage, but in … [Read more...]
Medicare Mistake #2: Forgetting to Sign Up for Medicare at Age 65
In our first article in the Medicare Mistakes Series, we dispelled a common misconception that Medicare health coverage is free. In Mistake #2, we're going to address an equally important topic, getting enrolled on time and avoiding penalties.
Key Takeaways
Medicare has various enrollment … [Read more...]
Medicare Mistake #1: Thinking It’s Free!
Many people mistakenly believe that Medicare is free for retirees and people with disabilities. After all, during all of the years that we work we paid Medicare taxes, right? So, why isn't it free? In this MedicareWireMedicareWire is a Medicare insurance consulting agency. We founded MedicareWire after seeing and hearing how confusing and frustrating it is to find, understand, and choose a plan. Our services are free to the consumer.... article, we'll explain how much Medicare costs and what you can do to … [Read more...]
When Does Medicare Start? 7 Important Facts You Need to Know.
Medicare is the government medical insurance plan for older Americans and people with certain disabilities. As of 2020, more than 62-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 MedicareWireMedicareWire is a Medicare insurance consulting agency. We founded MedicareWire after seeing and hearing how confusing and frustrating it is to find, understand, and choose a plan. Our services are free to the consumer.... … [Read more...]
Medicare Advantage vs Medigap: Which is Best for You?
While shopping for Medicare health insurance, particularly if you are getting your benefits for the first time, it's important to understand the difference between Medicare AdvantageMedicare Advantage (MA), also known as Medicare Part C, are health plans from private insurance companies that are available to people eligible for Original Medicare (Medicare Part A and Medicare Part B).... and Original Medicate with a MedigapMedicare Supplements are additional insurance policies that Medicare beneficiaries can purchase to cover the gaps in their Original Medicare (Medicare Part A and Medicare Part B) health insurance coverage.... plan. In this MedicareWireMedicareWire is a Medicare insurance consulting agency. We founded MedicareWire after seeing and hearing how confusing and frustrating it is to find, understand, and choose a plan. Our services are free to the consumer.... article, we'll cover the fundamental benefits of … [Read more...]
WellCare Value Script PDP: Best or Worst 2021 Part D Plan?
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 DMedicare Part D is Medicare's prescription drug plan program. Plans are offered by private insurance companies and cover outpatient prescriptions.... plan, we decided to take a closer look.
Is WellCare Value Script the Best or Worst Part D plan for … [Read more...]
Does Medicare Cover the Shingles Vaccine?
Shingles is a contagious viral infection that causes a painful rash and blisters on the skin from a condition known as postherpetic neuralgia (post-hur-PET-ik noo-RAL-juh). It is caused by the varicella-zoster virus, which also causes chickenpox in young people. After having chickenpox, the virus … [Read more...]
Understanding Medicare in 4 Easy Steps
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 MedicareWireMedicareWire is a Medicare insurance consulting agency. We founded MedicareWire after seeing and hearing how confusing and frustrating it is to find, understand, and choose a plan. Our services are free to the consumer.... blog post, we'll break down the four main parts of … [Read more...]
Does Medicare Cover Blood Tests?
Medicare covers many common laboratory tests and diagnostics needed to keep you healthy or diagnose a symptom. This includes many blood tests for things like hepatitis, sexually transmitted infections (STIs), triglycerides, cholesterol, lipids, and most preventive care lab tests. In this … [Read more...]
Can I Get My Prescriptions with a Medigap Plan?
One of the top benefits of most Medicare Advantage plansMedicare Advantage (MA), also known as Medicare Part C, are health plans from private insurance companies that are available to people eligible for Original Medicare (Medicare Part A and Medicare Part B).... is they bundle in prescription drug coverage. We get a lot of questions from readers wanting to know if they can get prescription drug coverage bundled with Medicare supplement insuranceMedicare Supplements are additional insurance policies that Medicare beneficiaries can purchase to cover the gaps in their Original Medicare (Medicare Part A and Medicare Part B) health insurance coverage.... (aka, Medigap).
The short answer is no.
You can get … [Read more...]
What Is Medicare Part F?
The federal Medicare programMedicare is a federal health insurance program for people ages 65 and older and people with certain disabilities.... 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 AMedicare Part A is hospital inpatient coverage for people with Original Medicare, whereas Part B is medical coverage for doctor visits, tests, etc.... and Medicare Part BMedicare Part B is medical coverage for people with Original Medicare. It covers doctor visits, specialists, lab tests and diagnostics, and durable medical equipment. Part A is for hospital inpatient care.... (Original MedicareOriginal Medicare is private fee-for-service health insurance for people on Medicare. It has two parts. Part A is hospital coverage. Part B is medical coverage....) is provided directly by the government, whereas Medicare … [Read more...]
ZZZ-EXPIRED – 2020 Medicare Coverage & Benefits
What You Must Know to Avoid Financial Ruin & Get What You Deserve
Sixty million people (51 million seniors and 9 million adults with disabilities) use Medicare for their health insurance coverage. To understand what Medicare covers and how it provides coverage benefits, you need to know the … [Read more...]