How does Medicare Part D work? 

Paying for prescription drugs can be costly, especially if you take multiple medications on a regular basis. Even if you only get prescribed medications every now and then, the out-of-pocket cost of some drugs with no insurance can be hundreds or even thousands of dollars per month.  Many seniors find this out the hard way…

New to Medicare This Year? 

One of life’s most important milestones is signing up for Medicare health insurance. Every year in the United States, around one million new beneficiaries begin their Medicare coverage. Today, there are just under 64 million Medicare recipients, accounting for about 18 percent of the population in this country.  Whether you’re new to Medicare this year,…

Original Medicare or Medicare Advantage: 5 Questions to Help You Choose

When you qualify for Medicare, you can choose to get your benefits through Original Medicare or through a Medicare Advantage plan, but how do you know which program is right for you? If you’re considering your options, ask yourself the following questions.  Do you prefer to have a limit to your annual medical expenses?  When…

Medicare Open Enrollment Checklist

Every year, Medicare recipients have an opportunity to make changes to their healthcare coverage. From October 15 through December 7, you can drop, switch, or enroll in Medicare plans. Medicare’s Open Enrollment Period (OEP) may be your chance you to lower your out-of-pocket costs or expand your benefits.  If you experience changes in your health…

Can I Switch Medicare Plans? 

Reaching the age when you’re eligible for Medicare health care insurance is a big deal. For millions of Americans, enrollment in this federal program comes at a time when they are experiencing both economic and health care changes.  At age 65, you may no longer be eligible for group health insurance through an employer, your…