If anyone tells you the Medicare supplement plan they are offering will never increase in price they are lying to you, plain and simple. ALL standardized Medigap plans will increase in price over time. There are several driving factors that affect the rates. Your Medicare supplement rate can increase with your age, inflation, the insurance companies […]
Deciding when to buy a Medicare supplemental insurance policy is a very important decision. If you wait until it’s too late you never be able to buy a Medigap plan if you have health issues. It is very important to be aware of when your enrollment period is for Medicare supplement insurance. This is not […]
You may be wondering how ObamaCare affected Medicare. There is plenty of misinformation out there and many seniors are misinformed. I hope to set the record straight here and clarify any confusion you may have. In short, ObamaCare does not affect Medicare directly at all. If you have Medicare or are new to Medicare you […]
This post and video explains how to enroll onto Medicare right from the comfort of your own home! This only applies if you are not collecting social security when you turn 65.
Going onto Medicare for the first time can be exciting and confusing at the same time. With all the different enrollment periods and Medicare letters (A,B, C, D) it is very important to do your research and make sure you are enrolling at the right time to avoid any costly late fees. First, if you […]
You may have heard Medicare has different “parts” or “plans.” This can be very confusing. This article will help you better understand how the different parts of Medicare work. Original Medicare is made up of two parts; A and B. Parts A and B are administered by the U.S. government. These are the only […]
Medicare Supplement Plan G (also referred to as the “value plan”) has become the most popular Medigap plan among our clients. It is very similar to plan F, with the exception that the Medicare Part B deductible is not covered. After the deductible, Plan G provides full coverage for copays, coinsurance, the Part A hospital […]
Medicare alone is confusing enough, to make things even more confusing there are plans that supplement your original Medicare. There are two type of plans to choose from, Medicare Advantage plans and Medicare supplement plans. To understand what type of plan is better for you we will first cover the basics: