If you are enrolled in Medicare Parts A and B and have limited income you may be able to get assistance with your health care costs through a Medicare Savings Program (MSP) If eligible, you will receive help paying the Medicare Part B premium, (currently $185.00) and automatically get Extra Help, the federal program that […]
May Be Increased. Or Eliminated. The 2025 standard monthly premium for Medicare Part B beneficiaries is $185.00. However, your 2025 Medicare Parts B and D premiums can be higher or lower than that based on your prior or current income. Higher? Yes. If the Modified Adjusted Gross Income (MAGI) on your 2023 tax filing exceeded […]
The Medicare Annual Enrollment Period, from October 15th through December 7th, is when Medicare beneficiaries can enroll in or change their Medicare Advantage (Part C) or Medicare Prescription Drug (Part D) plan to take effect January 1. Some Important Tips to Consider if you are now enrolled in a Medicare Advantage (Part C) Plan: You […]
“The ANOCs are in the mail.” Each year, by September 30, individuals enrolled in a Medicare Advantage (Part C) or Medicare Part D Prescription Drug plan receive by mail a document called Annual Notice of Change (ANOC.) The ANOC document spells out upcoming changes to the plan you are currently enrolled in and compares those […]
Passage of the Inflation Reduction Act (2022) has meant several changes to Medicare Part D, including these most frequently mentioned: 2023: Insulin co-pay capped at $35 for 30 day supply. 2024: Catastrophic Coverage Stage cost sharing eliminated. 2025: Annual Out-of-Pocket Drug cost sharing capped at $2000. 2026: Medicare and drug companies, for the first time, […]
If you are enrolled in Medicare Parts A and B and have limited income you may be able to get assistance with your health care costs through a Medicare Savings Program (MSP) If eligible, you will receive help paying the Medicare Part B premium, (currently $174.70) and automatically get Extra Help, the federal program that […]
Well, just as we are finishing up the annual federal and carrier Medicare Advantage and Part D certifications for 2023, the US House and Senate passed a bill (H.R. 5376 titled Inflation Reduction Act of 2022) which includes some important changes to the Medicare Part D prescription drug coverage. Some of these changes take effect […]
I have received several inquiries these past few days as New York State followed the updated CDC guidelines and announced that anyone over the age of 65 is now eligible to receive the COVID-19 vaccine. (This was one day after announcing that those over 75 were eligible, and that the 65-74 age group was probably […]
This year’s Medicare Annual Enrollment Period (October 15 through December 7) was a busy time and we are grateful for the scores of individuals and couples who permitted our team of agent advisors to help with their 2021 Part C Medicare Advantage or Part D Prescription drug plan selection. (The December 7 deadline did not […]
“… a huge thanks for cluing us in to the EPIC ..program.” “…we now estimate yearly savings to be $7,000+/-” “…we’d never heard of this program until one of your newsletter emails..” When Mary became eligible for Medicare I helped her enroll in the Medicare Supplement Plan G she selected as secondary to Original Medicare. […]