by Tom Lockwood | Oct 13, 2024 | Medicare medical savings account
If you’re reading this, chances are you’re among those who have benefitted from the many advantages of health sharing over traditional health insurance products. These include lower costs, the freedom to choose your own doctors and hospitals, less government meddling,...
by Tom Lockwood | Aug 26, 2024 | Medicare Part B, Medicare Part D, Prescription Drugs
MediGap, also known as Medicare Supplement Insurance, is designed to cover the gaps in Original Medicare (Part A and Part B), such as your copayments, coinsurance, and deductibles. If you enroll in MediGap during your initial six-month enrollment eligibility period, ...
by Tom Lockwood | Aug 4, 2024 | Medicare Part B, Medicare Part D, Prescription Drugs
Medicare managed care plans, also known as Medicare Advantage (Part C) plans, are a private insurance alternative to Original Medicare. Unlike Original Medicare, Medicare Advantage plans are offered by private insurance companies and provide all the benefits of...
by Tom Lockwood | May 16, 2024 | Medicare Part B, Medicare Part D, Prescription Drugs
Health Savings Accounts (HSAs) are a popular tool for managing healthcare expenses due to their triple tax benefits: contributions are tax-deductible, earnings grow tax-deferred, and withdrawals for qualified medical expenses also tax-free. However, the advantages of...