If you’re a Medicare recipient or you’re considering a Medicare plan, you may be wondering how the new 2023 Medicare costs compare to the previous year. HealthMarkets can help break down the differences for you. Let’s take a look at what you can expect. Medicare Part B costs When it comes to Medicare Part […]
If Medicare Parts A and B are not enough coverage for your medical needs, it may be time to learn more about Medicare Parts C and D.
What is Medicare Part C all about? Medicare Part C works similarly to Original Medicare, but some of the differences may work to your advantage. In this guide, we’ll explain what Medicare Part C covers, enrollment, costs, the types of plans available. What is Medicare Part C? Medicare Part C, also called Medicare Advantage (MA), […]
Are Medicare decisions dragging you down? Let us help by bringing you up to speed on one of your options: Medicare Advantage. In this article, we’ll explain how Medicare Advantage works, what it can cover, and more. How Does Medicare Advantage Work? Medicare Advantage plans are offered by private insurance companies who will administer your […]
If you’re in a Medicare Advantage plan or a Part D prescription drug plan, be sure to sort through your mail pile and email inbox. In September, your insurance company should send you an Annual Notice of Change (ANOC) letter. It may seem like another boring piece of mail, but it’s more important than you […]
You might be wondering, “How many parts of Medicare are there?” Medicare is actually made up of four parts: A, B, C, and D. Here’s a quick overview of what these Medicare parts cover. Medicare Part A is hospital insurance (e.g., inpatient care, skilled nursing facility care, home health care, and hospice care). Medicare Part […]
Medicare can be hard to understand, especially if you’re close to turning 65 and this is your first experience with it. To get you started, we’ve provided Medicare answers to some of the most common Medicare FAQs.. Who Qualifies for Medicare? To qualify for Medicare, you need to be a U.S. citizen or legal resident […]
How will income-related monthly adjustments (IRMAA) impact Medicare in 2023? An estimated 58.6 million people are enrolled in Medicare in the United States. Some beneficiaries will be affected by IRMAA rules.1 IRMAA may impact Medicare beneficiaries enrolled in: Medicare Part B (outpatient or doctor visit coverage) Medicare Part D (prescription drug coverage) Does your monthly […]
If you’ve heard anything about Medicare, it’s probably that coverage for most people starts at age 65. What’s less known is that millions of people enroll in Medicare long before they hit retirement age. In fact, 13% of Medicare beneficiaries were under 65 in 2020. Those who qualify are people who have serious health conditions […]
Your 65th birthday is on the horizon, and you know what that means: It’s time to start thinking about Medicare. Signing up for Medicare can seem like a daunting task, but it’s a lot more manageable — simple, even — once you get organized. And don’t worry, you’ll have a plan together in no time. […]
When you turn 65, you’ll most likely begin getting health coverage through a government program called Medicare. That includes Medicare Part A (hospital benefits) and Medicare Part B (medical insurance benefits). You might see that combination called Original Medicare. You’ll have to pay extra for a prescription drug plan (Medicare Part D), and you won’t […]
Did you know that what you do as a self-employed worker affects how much your Medicare coverage will cost once you reach 65? Every American 65 or older is eligible for Medicare, but self-employed people may have to pay more, depending on how much they have paid into Medicare taxes. Keep reading to find out […]