Finding the best Medicare plan is a process that involves knowledge of the region, analyzing the circumstances of the insured, and a familiarity with the insurance market. In this post I will provide two case studies that illustrate how important these factors are. Continue reading
Unfortunately, though, the MSN article failed to bring up some very important points. Since it was a nationally-based article, it didn’t highlight specific states such as New York, Connecticut and New Jersey, as being guaranteed-issued states. Continue reading
If you are turning 65, or are already a member of the Medicare Eligible market, you’ve more than likely spent a number of hours reviewing the Medicare system. During this research, I am fairly certain that you have wanted to: tear your hair out; throw your laptop; desktop or tablet against the wall in frustration; scream the harsh words racing through your mind at the people who wrote the Medicare rules and regulations.
The Four Parts of Medicare Continue reading
What you hear and see is not always what you get. Last week, two friends and I were discussing their Medicare coverage. Friend one told me she never pays anything when she goes to the doctor or hospital. Friend two said he pays all the time when he visits the doctor or hospital.
Which one has the most cost effective plan?
Most people automatically think it’s friend one. Actually, the answer depends on proper analysis of all your medical factors by a qualified professional independent agent.
If you are or about to be in the Medicare eligible market and will not continue receiving your health insurance from your job, you will need a Medicare Part D, also known as a Prescription Drug Plan.
As mentioned in my previous article, if you choose a Supplement or Medigap policy you will have to decide on the appropriate Part D plan. These plans have an additional monthly premium ranging from the low teens to about $100.00, depending on the carrier. More than likely, you will also have monthly drug costs depending on your coverage and health.