by Whitney Kline | Jun 28, 2024 | Medicare Part B, Medicare Part D, Prescription Drugs
What is Medicare Advantage (Part C)? When you turn 65 or otherwise become eligible for Medicare, you have several decisions to make. The biggest of them is whether to sign up for Original Medicare or elect to join a Medicare Advantage plan, instead. Option 1: Enroll...
by Whitney Kline | Apr 25, 2024 | Medicare Part B, Medicare Part D, Prescription Drugs
No, Medicare supplement (Medigap) plans sold after 2005 do not include significant prescription drug coverage. But for those who can afford a monthly premium, Medigap plans do provide a number of other advantages over Medicare Advantage plans. And the lack of built-in...
by Whitney Kline | Dec 15, 2023 | Medicare, Medicare Advantage Plans
At first, zero-premium Medicare Advantage plans can sound enticing. These are currently the most popular Medicare Advantage plans on the market. Last year, close to 70% of all Medicare enrollees who chose Medicare Advantage over Medigap plans enrolled in a...
by Whitney Kline | Nov 5, 2023 | Medicare, Open Enrollment Period
In health insurance, the term “open enrollment” refers to a designated period of time during which the public can make changes to their coverage, with guaranteed enrollment. The term “guaranteed enrollment” means that you cannot get turned down or charged more because...
by Whitney Kline | Oct 17, 2023 | Medicare Advantage Plans, Medicare Enrollment, Medicare Supplement Plans
Health insurance premiums are soaring – and Medicare supplement insurance premiums are no exception. So, is the Medi-Share 65+ plan best alternative. Historically, Medigap premiums have increased by 5% to 8% per year. That’s much faster than inflation. These rate...