Avoid Costly Late Medicare Open Enrollment Penalties
Posted: October 21, 2023
The Medicare Open Enrollment Period runs from October 15 to December 7 every year. This is the primary time when people with Medicare can choose a plan or make changes in their healthcare coverage. Plans can change from one year to the next, so it is important to thoroughly review and compare plans during Open Enrollment. When you first become eligible for Medicare, unless you...
8 Steps to Fall-Proof Your Home
Posted: October 6, 2023
This week is Active Aging Week, an annual campaign to promote the benefits of healthy aging and lifestyles. It is held during the first week of October, beginning on the first Monday of the month. In 2023, it runs from October 2 to October 8. Falls are one of the greatest health risks for older adults. Every year, millions of people ages 65 and older...
Debunking 5 Medigap Misconceptions
Posted: September 21, 2023
As the name implies, Medigap insurance is designed to fill in gaps in coverage that occur with Original Medicare. For example, if Original Medicare Part B covers 80% of medically necessary services for your outpatient care, a Medigap policy will cover the remaining 20%. This is important coverage to have, as there is no cap on out-of-pocket expenses with Original Medicare. Myths and misunderstandings concerning...
Everything You Need to Know about Medicare Open Enrollment in 2023
Posted: September 6, 2023
For those eligible for Medicare, Open Enrollment is the time to reconsider your options, select a plan, or make other adjustments to your healthcare coverage. The following are answers to key questions about Medicare Open Enrollment. What Is Medicare? Medicare is a federal fee-for-service health insurance program in two parts – hospital insurance (Part A) and medical insurance (Part B). For your medical coverage, you...
10 Medicare Terms You Should Know
Posted: August 21, 2023
Generally, eligibility for Medicare begins at age 65. Your initial enrollment period starts three months before you turn 65 and ends three months after the month you turn 65. When the time to enroll in Medicare is approaching, it is important to learn the language. These are 10 Medicare terms you should know. Original Medicare: When you enroll in Medicare, you can choose Original Medicare...
