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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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Medicare Part C Medicare Advantage Part D Prescription Drug

Getting Ready for 2024

With the “Dog Days of Summer” behind us, our team of licensed agents is preparing for the 2024 Medicare Annual Enrollment Period. How so? Each of us is required to successfully complete the Medicare training course with America’s Health Insurance Plans (AHIP). Following that, each agent is required to successfully complete product knowledge, code of […]

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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 A & B Part D Prescription Drug

Changes to the NY Medicare Savings Program in 2023

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 $164.90) and automatically get Extra Help, the federal program that […]

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Medicare A & B

Medicare 2023 Parts B and D IRMAA Premiums

2023 Medicare “Income Related Monthly Adjustment Amount” to Part B and Part D Premiums The 2023 standard monthly premium for Medicare Part B beneficiaries is $164.90. However, it seems from the number of client calls we have received this week many will be charged an additional Income Related Monthly Adjustment Amount (IRMAA) for Parts B and D […]

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Part C Medicare Advantage

Another Open Enrollment Period?

Medicare’s 2023 Open Enrollment Period, also known as the Annual Enrollment Period, concluded on December 7. Since there are three other Enrollment Periods (Initial, General and Special) it is no surprise that when we hear about a fifth Enrollment Period – this one begins on January 1 and ends March 31 – we shake our […]

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

About the 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: Yes, […]

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Medicare A & B Medicare supplement

What is a High Deductible Medigap Plan?

Once Original Medicare approves a claim, it will deduct from its approved amount that which you are responsible for and pay the difference directly to the provider. That amount you are responsible for; the Part A deductible, the Part B deductible and Part B 20% co-share is often paid through the purchase of a secondary […]

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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

Comparing Insulin Costs

One in every three Medicare beneficiaries has diabetes, and over 3.3 million Medicare beneficiaries use one or more of the common forms of insulin. On January 26, Benita Lee from GoodRx Health published a detailed analysis comparing the costs of 28 brand and generic insulins. GoodRx research shows shows that the average retail price for […]