Medicare’s 2018 Annual Election Period (AEP) is upon us. As with previous years, it begins on 15 October and ends on 7 December. To help you make the best choices possible, here are seven tips that will make finding the best Medicare Advantage or Medicare Part D plan easier. Tip 1: Compare and Research Annually […]
Medicare Part D: Prescription Drug Plans
Medicare prescription drug plans (Part D of Medicare), often called PDPs, are private health plans that provide outpatient prescription drug coverage for people with Medicare benefits. Plans have slightly different costs, features, and benefits in each state. However, each approved plan is highly regulated by the Centers for Medicare & Medicaid Services.
On this page, you will find a list of our most recent articles related to Medicare prescription drug plans and the Medicare Part D program.
If you’re about to retire or planning for your retirement, you might be considering a Medicare Advantage plan. These are private health plans offered by national and region health insurance companies and healthcare providers. They are similar to Obamacare plans and health coverage you get through your employers, but some features and terminology are a […]
MSA stands for Medical Savings Account. It’s a type of health insurance plan that helps you set aside monies in a tax-free savings account to be used on your health care costs. If you’re familiar with Health Savings Accounts outside of Medicare, it’s a similar type of health plan. Some Medicare Advantage (Part C) plans […]
For most people Medicare enrollment is automatic. For some, enrollment terms vary depending on how and when you become eligible. Most people are automatically enrolled in Medicare when they reach age 65. This is when your Social Security benefits start. If you live in the continental United States the Social Security Administration (SSA) kicks off […]
Medicare is health insurance for U.S. citizens and legal residents ages 65 and older. Benefits are also available to people with certain disabilities, and those with kidney failure (End-Stage Renal Disease) or Lou Gehrig’s Disease. The federal program was created in 1965 to help seniors pay for their health care expenses. It is the most […]
A Medicare Part D Prescription Drug Plan (PDP) helps pay for your prescription drugs. This is not an automatic Medicare benefit. Part D plans are private insurance. You must enroll in a Medicare Part D plan if you want the coverage. In 2020, monthly rates are as low as $18. Medicare Part D does not […]