Prescription drugs can take a big bite out of your budget. Your Medicare plan may offer cost-saving benefits that can be worth checking into to help keep more cash in your pocket. Explore some of the following ideas to help save
Are you turning 65 soon or have otherwise recently become eligible for Medicare? If so, then you are most likely aware that there are many considerations that go into choosing the right Medicare plan for your needs. It can be very
For many people it comes as a surprise that there are late enrollment penalties associated with Medicare. Some may delay enrolling in Medicare because they are still working or perhaps thought enrollment happens automatically when one turns 65. Regardless of the
Are you unhappy with the Medicare Advantage plan you chose during Medicare Open Enrollment or think you may have chosen the wrong Medicare plan? If so, you have between January 1st and February 14th to drop out of your Medicare Advantage
The deadline to enroll in a Florida Medicare plan is just one week away, on December 7. Medicare open enrollment (which runs from October 15 – December 7 every year) is the one time of year when you can make changes to
Medicare beneficiaries may qualify for a program called Low Income Subsidy (LIS) which helps with the costs of their prescription drugs. This program is also known as Extra Help, and the Social Security Administration along with the Centers for Medicare and
The deadline to enroll in a Florida Medicare plan is just one week away, on December 7. Medicare open enrollment (which runs from October 15 - December 7) is the one time of year when you can change your Medicare coverage.
This is the time of year to get information on your Florida Medicare options to ensure you’re not missing on possible savings. For most people, the annual Medicare open enrollment period (October 15 – December 7) is the one time each
There are several factors to consider when selecting a Florida Medicare plan each year, such as: • Are my doctors, hospital, and pharmacy in the network – will they accept the plan I want to enroll in? • Am I going
Medicare Open Enrollment (October 15 - December 7) is an especially opportune time to get wise about Medicare. Whether you’re 65 and about to enroll for the first time, you’re a current Medicare beneficiary and want to make smart decisions for 2017,
Every year during Medicare Open Enrollment (October 15 – December 7) you can shop for a Medicare Advantage (Part C) or a prescription drug (Part D) plan. These plans can and do change from year to year, as can your health
Every Medicare Part D plan (whether it’s a stand-alone plan or a Medicare Advantage plan with drug coverage built-in) is structured with 3 stages of coverage: Initial Coverage Stage: in this stage you pay a flat fee (called a co-pay) for
Open enrollment is rapidly approaching and is the one time of year when you can add, drop, or switch your Medicare coverage. Open enrollment for the coming year runs from October 15 to December 7, with coverage beginning January 1, 2017.
Many people are not aware that if you decide not to enroll in Medicare Part D when you are first eligible, you may be subject to a penalty. The late enrollment penalty for Medicare Part D is an additional 1% (of the national
Medicare Part D plans are offered through private insurance companies and provide help with the cost of prescription drugs. These plans may be purchased either as a stand-alone plan or as part of a Medicare Advantage prescription drug plan (MAPD). Costs: Medicare
Most Medicare prescription drug (Part D) plans charge a monthly premium which vary by plan. If your modified adjusted gross income as reported on your IRS tax return from 2 years ago (the most recent tax return information provided to Social
If you’ve recently joined Medicare, you may feel a bit overwhelmed from the enrollment process. Not to worry – you’re not alone. Florida Medicare can be complicated and difficult to navigate. There is a lot to learn and you may be
Unfortunately, there are no Medicare Part D plans without a donut hole. When a Part D plan is submitted to Medicare for approval, it has to abide by the rules and regulations – which include 3 drug stages, the second of
If you currently use few or no drugs, you may wonder if it is worth signing up for a Medicare Part D prescription drug plan because you would be paying a premium to have a plan that you don't use. However,
Most plans with Medicare prescription drug coverage (Part D) have a coverage gap, which is sometimes referred to as the “donut hole”. Once in the donut hole, there is a temporary limit on what the drug plan will cover for a
Many people are aware that they can save on prescription drug costs by switching from brand-name drugs to their generic equivalents. However, the topic of generic drugs can be confusing. For starters, a generic drug is a copy of a brand-name
Prescription drugs can take a big bite out of your budget. Your Medicare plan may offer cost-saving benefits that can be worth checking into to help keep more cash in your pocket. Explore some of the following ideas to save money
