There is a new law coming into effect that states that on or after January 1, 2020, a Medicare Supplement policy that covers the annual Medicare Part B deductible may not be sold or issued to a newly eligible Medicare beneficiary. That means that individuals whose 65th birthday occurs starting January 2020 will not be able to enroll onto a Medicare Supplement Plan C…
medicare supplement, medigap, part A, Part B, Plan F, supplementIf you are already collecting Social Security, you would automatically be sent your Medicare card with Part A (hospital benefit) and Part B (outpatient benefit) in the 4th month before your birthday. However, if you are not collecting Social Security, you will need to go onto www.ssa.gov to request enrollment onto Part A and Part…
advantage, drug coverage, drug plans, Hmo, Medicare, medicare advantage, medicare advantage plan, medicare drug plans, medicare election period, medicare supplement, medigap, part A, Part B, part C, Part D drug plans, stand-alone drug planThere are 2 forms (available thru Social Security) that need to be completed to activate your Part B (outpatient) benefits. One form is completed by you; the other is completed by your employer; both forms need to be taken to Social Security for enrollment onto Part B. Your new enrollment allows you a special election period any…
drug coverage, employer plan, Hmo, Medicare, medicare advantage plan, medicare election period, medicare supplement, medigap, part A, Part B, part C, Part D drug plans, retiree, retiree coverage, stand-alone drug planMedicare does not provide dependent coverage. You may want to delay your retirement so that your spouse will be able to remain on your current insurance as your dependent. Or under the federal COBRA program, your wife would have 18 months of continued coverage. If you live in California, she may be able to have an additional 18…
employer plan, enrolling, making changes under medicare, Medicare, medicare election period, medicare supplement, part A, Part B, part C, Part D drug plans, under 65First, if you do not already have Medicare Part A (hospital benefit) and/or Medicare Part B (outpatient benefit), there are 2 forms (available thru Social Security) that need to be completed to activate your benefits. One form is completed by you; the other is completed by your employer; both forms need to be taken to Social Security…
advantage, drug coverage, drug plans, enrolling, Hmo, making changes under medicare, medicare advantage, medicare supplement, medigap, part A, Part B, part C, Part D drug plans, penalty, special election periodThe Medicare Advantage Disenrollment Period (January 1 through February 14 of each year) allows an individual on a Medicare Advantage Plan (HMO) to leave a Medicare Advantage Plan and return to Original Medicare (Part A and B) by signing up for a stand-alone drug plan. By making the change to be on Original Medicare, the individual…
drug coverage, drug plan, employer plan, making changes under medicare, medicare supplement, medigap, part A, Part B, Part D drug plans, stand-alone drug planMedicare Annual Enrollment started on October 15 and ends on December 7. Each year drug plans and Medicare Advantage/HMO plans announce their changes for the upcoming year during Annual Enrollment plan changes; these changes can be seen on www.medicare.gov. Sometimes plans have minor changes, sometimes those changes can be significant to a beneficiary. It is important to become aware of what changes…
advantage, annual enrollment, benefits, drug coverage, drug plan, drug plans, Hmo, making changes under medicare, Medicare, medicare advantage, medicare drug plans, medicare election period, medicare supplement, part A, Part B, stand-alone drug planMedicare Annual Enrollment started on October 15 and ends on December 7. Each year drug plans and Medicare Advantage/HMO plans announce their changes for the upcoming year during Annual Enrollment plan changes; these changes can be seen on www.medicare.gov. Sometimes plans have minor changes, sometimes those changes can be significant to a beneficiary. It is important to become aware of what changes…
advantage, annual enrollment, drug coverage, drug plans, employer plan, Hmo, making changes under medicare, medicare advantage, medicare election period, medicare supplement, part A, Part B, part C, Part D drug plans, stand-alone drug planMedicare drug plans and Medicare Advantage/HMO plans can change every year…..sometimes a little, sometimes a lot. It is important to review the information sent to you in September by your current Medicare stand-alone drug plan or Medicare Advantage/HMO carrier in order to decide whether or not you should make a change in a stand-alone prescription drug plan or Medicare Advantage/HMO…
annual enrollment, drug coverage, drug plans, Hmo, making changes under medicare, medicare advantage, medicare advantage plan, medicare drug plans, medicare supplement, medigap, Part B, part C, Part D drug plans, stand-alone drug planMedicare drug plans and Medicare Advantage/HMO plans can change every year…..sometimes a little, sometimes a lot. It is important to review the information sent to you in September by your current Medicare stand-alone drug plan or Medicare Advantage/HMO carrier in order to decide whether or not you should make a change in a stand-alone prescription drug plan or Medicare Advantage/HMO…
advantage, annual enrollment, benefits, drug coverage, drug plan, drug plans, enrolling, Hmo, making changes under medicare, Medicare, medicare advantage, medicare advantage plan, medicare drug plans, medicare election period, medicare insurance, medicare supplement, medicare supplements, medigap, part A, Part B, part C, Part D drug plans, stand-alone drug plan