Ok, you missed your Medicare Open Enrollment Period, now what?

Medicare’s Annual Election Period or AEP runs from October 15 to December 7 every year.  This is the time of year where people enrolled in the Medicare program can make changes from Original Medicare to a Medicare Advantage, or from Medicare Advantage to back to Original Medicare plus add a Medicare Part D Prescription Drug Plan.  You can also change from one Medicare Advantage or Prescription Drug plan to another for the coming year.  Furthermore, you can enroll in a Part D Prescription Drug plan if you didn’t when you became eligible, keep in mind there could be a late enrollment penalty.

Open enrollment is a great time to change to a Medicare plan that better meets your needs. But what happens if you miss open enrollment for health insurance? Don’t worry. We’re here to help.

Keep Reading..Missed your Medicare Open Enrollment Period?

 

The benefits of Social Security are readily apparent for seniors.  Each and every month, for those who qualify and have filed for benefits, the program pays an average of $1,350 to retired workers.  This is a tangible and dependable benefit payment that a majority of today’s retirees count on to help them meet their month-to-month expenses.

Original Medicare, which covers some 56 million Americans, 5 out of 6 of which are aged 65 and up, doesn’t have the same tangible benefits feel as Social Security.  That doesn’t, however, make it any less important over the long run.

Keep Reading..4 Ways to Get the Most Out of Original Medicare

Medicare Supplement (Medigap) comparison charts provide a convenient way to compare the benefits these health care plans provide.  However, many Americans don’t know how to use them correctly.

This step-by-step guide will help you compare Medicare Supplement plans correctly and find the best plan for your needs.

Keep Reading..How to Use a Medicare Supplement Comparison Chart