IRMAA Brackets 2025: What They Are and How They Work

The Medicare Income-Related Monthly Adjustment Amount (IRMAA) is an additional charge added to the premiums for Medicare Part B (medical insurance) and Medicare Part D (prescription drug coverage). It only affects beneficiaries whose modified adjusted gross income exceeds $106,000 for individuals or $212,000 for those filing jointly. How is IRMAA determined? IRMAA for Medicare Part B

IRMAA Brackets 2025: What They Are and How They Work Read More »

How to Maximize Your HSA and Medicare Benefits for Maximum Savings

When it comes to managing healthcare costs, two powerful tools can help maximize your savings: Health Savings Accounts (HSAs) and Medicare benefits. While these two resources may seem unrelated at first glance, understanding how to effectively use both in tandem can lead to significant savings. This comprehensive guide will explore how to maximize your HSA

How to Maximize Your HSA and Medicare Benefits for Maximum Savings Read More »

Medicare enrollment: What’s required and what’s optional

Medicare is a federal health insurance program primarily for individuals aged 65 and older. Understanding the requirements and optional components of Medicare enrollment is essential for ensuring you have the coverage you need. This article will guide you through the essential steps of enrolling in Medicare, highlighting what is mandatory and what is optional to

Medicare enrollment: What’s required and what’s optional Read More »

What to Expect After Medicare Annual Open Enrollment Period

What to Expect After Medicare Annual Open Enrollment Period?

The Medicare Annual Enrollment Period (AEP) is a critical time for beneficiaries to make changes to their healthcare plans. It occurs annually from October 15 to December 7, offering opportunities to switch plans, join Medicare Advantage, or change prescription drug coverage. But what happens once the AEP concludes? After AEP, beneficiaries transition into a period of confirmation,

What to Expect After Medicare Annual Open Enrollment Period? Read More »

Will I Be Able to Keep My Current Doctor When I Switch to Medicare?

Will I Be Able to Keep My Current Doctor When I Switch to Medicare?

  The transition from private or employer-based health insurance to Medicare marks an important milestone for those approaching or entering retirement. As people move into this new phase of life, many understandably worry about maintaining their continuity of care. A common question among those considering Medicare is whether they can continue seeing their current doctors. This is

Will I Be Able to Keep My Current Doctor When I Switch to Medicare? Read More »

Key Medicare Changes for 2025: Important Updates to Know

Key Medicare Changes for 2025: Important Updates Every Enrollee Should Know

Thanks to the Inflation Reduction Act of 2022, Medicare has introduced some of the most impactful changes in recent years, including relief from high prescription drug prices. Here’s a snapshot of the changes: In 2023, Medicare capped insulin costs at $35 per month in Part D prescription plans and removed out-of-pocket costs for recommended vaccines. In 2024, the government

Key Medicare Changes for 2025: Important Updates Every Enrollee Should Know Read More »

1 Costly Medicare Mistakes You Should Avoid Making

7 Medicare Mistakes That Could Cost You and How to Avoid them

Medicare covers most of your health care costs once you turn 65, but its rules can be tricky, and mistakes can be expensive. Without making the right decisions to cover gaps, you might face high premiums and significant out-of-pocket expenses. Even worse, missing important Medicare deadlines could leave you without coverage, cause you to lose out

7 Medicare Mistakes That Could Cost You and How to Avoid them Read More »

2025 Medicare: Read Your Annual Notice of Change (ANOC)

Medicare 2025: Read Your Annual Notice of Change (ANOC)

As the Medicare Annual Enrollment Period (AEP) draws near, it’s crucial to support your clients in navigating their coverage choices. One key document they’ll receive is the Annual Notice of Change (ANOC), sent out by September 30. This document highlights essential updates to their current plans, including any changes for the upcoming year. Being well-versed

Medicare 2025: Read Your Annual Notice of Change (ANOC) Read More »

Call Now Button