Watch and learn all the basics of Medicare. In this video I cover the different parts of Medicare, when and how to signup, how to avoid late fees, how to pick a plan and many other important aspects of Medicare.
When comparing Medicare supplement plans and carriers it is very important to compare rates when looking at the same plan letter between companies. For example, if you are comparing Plan G between companies you want to focus on price along with several other factors.
People who enroll in Medicare after Jan. 1st 2020 will not be able to purchase plan C or F however, folks who enrolled in Medicare Part A prior to Jan. 1st 2020 will still be able to buy plans C and F.
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 internal reasons (claims, cost of doing business, etc), or a combination of all three.
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.
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 […]
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.
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 parts […]
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 deductible and the 20% that Part B does not cover.
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: