by Misty Berryman | May 25, 2024 | Medicare Part B, Medicare Part D, Prescription Drugs
Medicare is a vital safety net for millions of older Americans. But it doesn’t cover everything. Unless you line up additional protection, Original Medicare by itself (Medicare Parts A and B) still leaves giant gaps in coverage that could potentially leave you with...
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...
by Lou Spatafore | May 9, 2024 | Medicare Part B, Medicare Part D, Prescription Drugs
A Medicare Advantage Plan may have seemed like a good idea at the time. But often, the low initial premiums that Medicare Advantage plans can be deceiving. A zero premium Medicare Advantage plan is fine, as long as you don’t need healthcare. But if you do need care,...
by Christine Corsini | May 2, 2024 | Medicare Part B, Medicare Part D, Prescription Drugs
Original Medicare is a huge help when it comes to catastrophic healthcare costs. But it doesn’t cover everything, by a long shot. By itself, Medicare still leaves you with massive potential gaps in coverage that expose you to significant and unpredictable...
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...
