Medical Savings Account (MSA)MSA plans combine a high-deductible insurance plan with a medical savings account. Medicare allocates a yearly sum to your plan for covering your healthcare expenses, which can be utilized to pay for your healthcare services. Once the deductible is met, the plan ...
Medicare Advantage open enrollment is a one-time opportunity for someone with a Medicare Advantage plan to change coverage.Medicare Advantageopen enrollment happens every year from January 1 through March 31. During this time, individuals enrolled in a Medicare Advantage plan can switch to: A differe...
It’s important to realize that, similar to Medicare Supplement insurance carriers, each long-term care insurer sets their own rates. The LTC insurer with the lowest cost for a 55-year-old married couple in Arizona is unlikely to be the least expensive for a 64-year-old married couple in ...
When is open enrollment for a Dual Eligible Special Needs Plan? If you have both Medicaid and Medicare benefits, you could be eligible for a Dual Special Needs Plan, or D-SNP. Those who qualify for this type of Medicare Advantage plan can switch to a new plan at any point during the ...