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Medicare A & B Part D Prescription Drug

Your 2025 Medicare Part B and D Premiums

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 […]

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Medicare Medicare A & B Medicare supplement Part C Medicare Advantage Part D Prescription Drug

About the 2025 Medicare Annual Enrollment Period

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 […]

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Medicare Part C Medicare Advantage Part D Prescription Drug

Medicare Annual Notice of Change

“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 […]

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Part D Prescription Drug

Getting Ready for 2025 Medicare Part D

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, […]

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Medicare A & B Part D Prescription Drug

Changes to the NY Medicare Savings Program in 2024

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 […]

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Webinar Reviews

Delaying Medicare Part B

Diane turned 65 in April 2023, however, declined the Medicare Part B coverage as she chose to remain working and insured through her employer’s group health plan. In mid November, she decided her retirement date would be year-end and asked about Medicare Supplement plan to become effective in six weeks, January 1. I advised that […]

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Medicare supplement

Why Choose a High Deductible Medicare Supplement Plan?

reason 1: Lower annual maximum co-pay responsibility ($2,870 in 2025) compared to most Medicare Advantage plans. reason 2: Lower annual cost (premium and out-of-pocket) compared to Medicare Supplement Plans F, G or N. SUPPLEMENT GUIDE NY STATE RATES APPLICATION Like with other deductibles, do I pay the first $2,870 in bills? No. After you pay […]

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Medicare Medicare A & B

Medicare Tips: Part B

Unlike Medicare Part A, which covers inpatient care in a hospital, skilled nursing or hospice facility, Part B covers through outpatient care, services from doctors and other providers, durable medical equipment and many preventative screenings. Individuals already receiving Social Security benefits are automatically enrolled in Parts A and B effective the first day of the […]

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Medicare Part D Prescription Drug

The New Law and Medicare Part D

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 […]

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Part D Prescription Drug

COVID-19 Vaccination Update

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 […]