This guide to Medicare Supplement will help you understand the differences between different Medigap plan types, and guide you to the plan that works best for you. Getting Started A Medicare Supplement provides financial security and additional health coverage for people with Medicare. The plan pays...
SAVVY SENIOR: ; How to pick a Medicare supplemental policyJim Miller
Even if you’ve been on Medicare for years, you may want to re-evaluate your options annually to make sure you’ve got the right plan. “I think everyone should consider switching,” says Lita Epstein, author of “The Complete Idiot’s Guide to Social Security and Medicare.”“Plans chan...
After your initial enrollment in Medicare, you are able to make changes to your coverage during the Annual Enrollment Period (AEP). This enrollment period runs from October to December each year and allows you to change your Plan effective January 1st of the following year. You may also make ...
Part B or choose a Medicare Advantage plan. The General Enrollment Period, from January 1 to March 31, is an opportunity to enroll in Part B, but late enrollment penalties may apply. Consider your healthcare needs and compare plan options to make informed decisions during these enrollment ...
It’s also a good idea if you’re taking a cruise, a packaged tour, or a journey with a lot of complicated moving parts. And it’s essential when you’re leaving the country, especially if you’re on Medicare as medical evacuations can cost a bundle and you need to pay up front,...
Medicare Advantage plans are offered by insurance companies who build supplemental coverage into the all-in-one policies they market, so an additional policy isn’t needed. In fact, if you select Medicare Advantage, insurance companies aren’t allowed to sell you a Medigap policy. Medigap plans...
Medicare recipients – mostly 65 or older – have 6 weeks ending on December 7th this year to choose supplemental insurance or Advantage plans. And those who have or want what most of us call “Obamacare” – health insurance created under the Affordable Care Act – can change or enroll ...
a universal, government-run health plan for senior citizens, to be funded by payroll taxes. A Republican bill that earned the less elegant nickname "Better-care" proposed a voluntary health plan for seniors that would have been funded by a combination of premiums and general tax revenues. A ...
Variable life insurance premiums are typically fixed and the death benefit is guaranteed, regardless of how the market fares. If you’re considering a policy like this, afee-only financial advisor— a planner who doesn’t earn commissions based on product sales — can help you choose the best...