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Category: Medicare Costs

How to Avoid or Reduce Your IRMAA for Medicare Premiums

See some strategies for lowering your Income Related Monthly Adjustment Amount (IRMAA). Planning ahead is key when reducing the potential for higher Medicare premiums.

Paying Medicare Part B without Social Security Benefits

If you don’t receive Social Security benefits, there are other ways to pay your Medicare Part B premium including automatic deduction, direct payment, and more. Learn how in our blog!

Part D Plan Savings: How An Independent Agent Can Help

Understanding Medicare Part D coverage can feel overwhelming, yet understanding your drug coverage is important for maintaining both your health and your finances. With annual changes in drug plans, costs, and coverage details, as well as the changing Medicare landscape, it’s important to review your Part D coverage to ensure you’re on the most cost-effective […]

Will Medicare cancel coverage due to delinquent Part B premiums?

Do you need to worry about delinquent Part B premiums? Most people have their Part B premium deducted from their Social Security or Railroad retirement benefit, so they do not have to worry about making payments on their own. However, if you do not receive these benefits when you enroll in Medicare, then you must […]

Understanding Medicare Part D Extra Help: A 2024 Comprehensive Guide

Medicare, the U.S. federal health insurance program, provides comprehensive healthcare coverage for people aged 65 and older, as well as for certain younger individuals with disabilities. One of its critical components is Medicare Part D, the prescription drug benefit program. For many, the costs associated with Medicare Part D can be a financial burden. This […]

Maximizing Medicare Benefits: Why You Should Compare Plans and Carriers

Medicare provides health insurance for millions of Americans aged 65 and older, as well as for some younger individuals with certain disabilities. One key aspect of Medicare is the opportunity to review and make changes to your coverage during the Annual Election Period (AEP), which runs from October 15th to December 7th each year. During […]

A Comprehensive Guide to Medicare Covered Vaccines

Staying up to date with vaccinations is important for maintaining good health and preventing the spread of contagious diseases. For those on Medicare, knowing how Medicare covers vaccines can ensure you stay healthy and limit your out of pocket expenses. This guide explores the ins and outs of Medicare coverage for vaccines so you know […]

How to Appeal Your Income-Related Monthly Adjustment Amount (IRMAA) for Medicare

If your modified adjusted gross income is above a certain amount, you may pay an Income-Related Monthly Adjustment Amount (IRMAA) for your Medicare Part B and Part D. You may be able to appeal your IRMAA in certain circumstances. We put together the following step-by-step guide to help you appeal the Income-Related Monthly Adjustment Amount […]

How to Avoid the Part D Late Enrollment Penalty

Do you have creditable prescription drug coverage? Creditable drug coverage is expected to pay, on average, at least as much as Medicare’s standard prescription drug coverage. It could be drug coverage you get from a current or former employer or union, or from TRICARE, the Indian Health Service, or the Department of Veterans Affairs. If you don’t […]

Saving Money with Medicare’s Extra Help

Medicare’s Extra Help program can help pay for Medicare drug plan premiums, deductibles, and co-payments. Here’s how to check if you qualify.

Medicare and Third Party Injury Payments

Medicare may be secondary payer for third party injury payments such as Workers Compensation and injuries.

Things to Consider When Approaching Medicare Eligibility

Below is a list of the most common things that you should consider when you are nearing Medicare eligibility.