Medicare Cost Plans are hybrid Medicare plans that share features from Medicare Advantage and Medigap supplemental insurance plans. They’re offered by private insurance companies. Why Are Medicare Cost Plans not Renewing? To meet competition requirements, Medicare Cost Plan contracts were not renewed in areas with more than one Medicare Advantage plan available. What are the options for […]
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 […]
If you are turning 65 but not ready to retire, you aren’t alone. Around 20% of Americans over 65 are still working.1 And since you aren’t ready to leave the workforce just yet, you may have a new option to consider for your medical coverage: Medicare. This article compares Medicare vs. private health insurance and […]
If you’re new to Medicare, you’ll soon learn that each part (A, B, C, and D) provides a different set of health insurance benefits. You may also learn that Medicare premiums are different for each part, too. But how different are they? We explain what each part of Medicare might cost you. Medicare Part A […]
Navigating all the Medicare options can feel overwhelming—should you stick with what you already have or make a change during the Annual Enrollment Period from October 15 to December 7? Like all important decisions, this one requires some careful thought and planning. The extra effort will be worth it: You can help determine that you have the right coverage for your health needs now and in the year to […]
Are you looking to learn more about the Medigap supplement plan, Medicare Plan D? Or perhaps you’re searching for a drug prescription plan, known as Medicare Part D? It is easy to get the two confused. HealthMarkets explains the differences between them and how selecting a Medicare Supplement plan could be the right choice for […]
New enrollment for Medicare Supplement Plan F for qualified individuals ended on December 31, 2019. But if you’re currently enrolled in Plan F, you have the opportunity to keep your plan or you can compare your options and change plans. Medicare Supplement Plan F was one of 10 standardized Medigap plans created to help with […]
Sorting through Medigap plans can be a challenge if you shop on your own. There are many choices available, but how do you know which one is right for your needs? Medicare Supplement Plan N can be a good choice for those looking for near-comprehensive coverage. Below, we discuss Medicare Supplement Plan N’s main features […]
Medicare Part A and Part B coverage (Original Medicare) can cover much of your doctor and hospital bills, but it doesn’t cover everything. Medicare Supplement Plan K is one of several Medicare Supplement Plans (also called Medigap), purchased through private insurance companies that helps pay for some of the expenses that your Original Medicare plan doesn’t cover. […]
Buying Medigap (also known as Medicare Supplement Insurance) has a lot to do with knowing when and how to buy. We break down the different situations that affect buying a policy to help you better identify where you fit. And you’ll have the basic information you need to feel more confident when you’re ready to […]
Original Medicare (Parts A and B) does not pay for everything, which can leave beneficiaries on the hook for out-of-pocket costs. But Medicare Supplement plans can help. Also called Medigap, Medicare Supplement plans are sold through private insurance companies and help fill the “gaps” in Original Medicare coverage. Approximately 11 million Medicare beneficiaries chose a […]
For Americans turning 65 or older, the beginning of fall is also the beginning of the Medicare season. Whether you are new to Medicare or have been using it for years, each season brings changes to your plan options. These five Medicare tips can help you verify that you are getting the most out of […]