Medicare Supplement Insurance is a type of health insurance plan that helps cover the gaps in Original Medicare. Gaps include coinsurance, copayments and deductibles. Original Medicare, Parts A and B, is offered by the federal government while Medicare Supplement plans are sold by private insurance carriers. Medicare Select plans are a type of supplement plan in a service area that offers a lower monthly premium … Continue reading What is a Medicare Supplement Insurance Select plan?
With the exit of the popular Medicare Supplement Plans C and F as part of the government implementation of MACRA, those eligible for Medicare after January 1, 2021, are looking to the next best option. For most, that option is Plan G. The only difference is with Plan G beneficiaries are responsible for paying the Part B deductible ($226 in 2023). It offers great value … Continue reading Learn the difference between Medicare Supplement Plan G and Plan G HDHP
Now that you understand the basics of Medicare, you’re ready to start planning. If it wasn’t for Medicare, health care might become really expensive at age 65 and beyond. Medicare comes in Parts A, B, C and D. Parts A and B are called “Original Medicare” and are provided by the government. Parts A and B cover some basics – like hospital stays and doctor … Continue reading Countdown to 65: Action plan for when you’re new to Medicare
Turning 65 is an exciting milestone! You’re at a stage in life where you can do what you like, with more time and freedom to do it. It also means it’s time to think about the Medicare coverage you’ll need to ensure you can stay healthy and live confidently. It goes without saying that there’s a lot to think about when it comes to finding … Continue reading Learn the ABCs of Medicare