The Medicare Advantage Disenrollment Period 2017, also know as MAPD starts on January 1st and ends on February 14th. During this time each year, Medicare-eligible seniors can make changes to their existing health insurance coverage. Here is a guideline to the changes you are able to make.
The Annual Enrollment Period is the best time to check your current coverage against the competition. Any 2017 changes to your plan, such as rate increases, benefit reductions, and loss of specific drug coverage will be locked in when it’s over. Get a free no-obligation policy checkup.
You can enroll in a Prescription Drug Plan due to changes made by The Medicare Prescription Drug Improvement and Modernization Act of 2003. The legislation created new drug coverage options for seniors eligible for Medicare.
The Medicare Advantage Star Ratings system is used by the Centers for Medicare & Medicaid Services (CMS). It’s a quality rating system with the highest score being five stars. How is this rating determined and how much should it be considered when choosing a plan?
Standardized Medicare Supplements, also known as Medigap or Supplemental Insurance came into law in 1992. Since then, all plans sold must offer the same benefits as defined by their plan type regardless of the insurance company.
There are many options when choosing a Texas Medicare Supplement, also known as Medigap Plans or Gap Insurance. With all of the choices, you will want to review a Medicare Supplement Comparison showing all of the rates and all the plans in your area.
After six months of opening our doors we are expanding with a national television campaign. Doug Llewelyn, who you might remember from the People’s Court will be our spokesman.
Congratulations! Turning 65 is a milestone. You’ve worked hard and hopefully saved enough for retirement. Either way, this is the time to make some necessary decisions regarding your healthcare and finances. The following is a turning 65 checklist to help guide you through this critical period.
Because Original Medicare doesn’t cover everything, it is highly recommended you purchase additional coverage. Otherwise, you are leaving yourself open to potentially limitless hospital bills. Your top two choices for additional coverage are a Medicare Supplement or Medicare Advantage plan. There are advantages to both.
A Medicare Part D Formulary refers to the entire list of prescription drugs covered under a Part D Prescription Drug Plan (PDP). The list is usually divided into groups. These groups are based on your cost under the plan and referred to as tiers.
Every year you should evaluate your health care coverage. Before deciding to make any changes, consider the current cost of your plan, your overall satisfaction, and your health status.