Women, Diabetics Fall Fast Into Medicare ‘Doughnut Hole’

(HealthDay News) — Among elderly Americans, women and those with diabetes and dementia are most likely to find themselves in the Medicare Part D drug plan “doughnut hole,” the coverage gap that occurs after a beneficiary has reached the annual coverage limit but hasn’t spent enough on drugs to qualify for catastrophic coverage. Researchers analyzed […]

Medicare 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 […]

Medicare Drug Plans Rise $1 a Month

The average Medicare drug benefit plan will cost $30 a month next year, a $1-a-month increase from this year’s average premium, federal officials said Wednesday afternoon. The officials portrayed the estimated new cost as a very small price increase, while saying many older Americans will pay less out-of-pocket for brand-name pharmaceutical drugs under the health […]

Steps to take if your Medicare Advantage plan is not renewing for 2011

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 […]