Medicare Advantage plans are annual plans. When you enroll in an Advantage plan you should be aware that things can change the following year, including having your plan not renew. 2010 is going to prove to be a unique year because there will be a larger number of plan disruptions than previous years. These plan […]
Author Archives: mark
Should you consider Medicare Advantage for 2011?
If you have thought about enrolling in a Medicare Advantage plan, this is the time to assess your options. Carriers that are approved to offer Medicare Advantage plans can begin marketing 2011 plans October 1. The Annual Enrollment Period begins November 15 and ends December 31. It is during this time that you can submit […]
Medicare Supplement and Part D
Medicare Supplement and Part D Original Medicare with a Medicare Supplement and Part D plan means that a Medicare Beneficiary is receiving Part A and Part B of Medicare, purchases a Medicare Supplement (Medigap Plan) to Supplement the Original Medicare Benefits and purchases a Medicare Part D plan for Prescription Drug coverage. Is this option […]
Medicare Supplement
Original Medicare with a Medicare Supplement and No Part D plan means that a Medicare Beneficiary is receiving Part A and Part B of Medicare and purchases a Medicare Supplement (Medigap Plan) to Supplement the Original Medicare Benefits and does not purchase a Medicare Part D plan for Prescription Drug coverage. Is this option right […]
PPO with Prescription Drugs
A Medicare PPO Plan is a Medicare Advantage Plan where a Private Insurance company provides your Medicare Part A and Part B benefits and, in addition, this option includes Medicare Prescription Drug Coverage. In a Medicare PPO Plan, you can get Medical Services from any provider who accepts Medicare. The Medicare PPO has a preferred […]
Medicare PPO plan without Prescription Drugs
A Medicare PPO Plan is a Medicare Advantage Plan where a Private Insurance company provides your Medicare Part A and Part B benefits. In a Medicare PPO Plan, you can get Medical Services from any provider who accepts Medicare. The Medicare PPO has a preferred network of providers “in network” where cost sharing is lower. […]
How do I prevent Medicare fraud?
Medicare fraud is when providers mislead Medicare into paying for services it shouldn’t pay for or paying more than it should pay. There are many ways you can prevent fraud: Protect your Medicare number the same way you would protect your credit card number. Be careful about who you give your Medicare number to. Be […]
edicare Supplement Plan Shoppers – 5 Tips for the Annual Enrollment Period
Tip #1 – If you currently have a Medicare Advantage Plan, it will be in your best interest to switch to original Medicare with supplemental insurance. Over $132 million in government funding for the Medicare Advantage program has been cut leaving these plans in limbo. Most companies will be raising prices and cutting benefits in […]