Pros of Medicare Advantage Plans

Medicare Advantage plans are known to be popular options for people over 65, with more than a quarter of all Medicare beneficiaries enroll in a privately-run plan. Selecting a Medicare Advantage plan, those eligible can often obtain their get all Medicare coverage, which includes Part A (hospital care), Part B (medical services), and Part D (prescription drug coverage), in a single policy from a private insurance company. Most Medicare Advantage plans were created to provide more complete coverage than traditional Medicare coverage. This can result in fewer upfront costs...

Fewer Medicare Advantage Plans have zero...

According to a recent analysis government conducted by Healthpocket, the number of Medicare Advantage plans with $0 premiums has been on the decline since 2011. It has dropped from 813 in 2014 to 726 in 2015. There are 113 counties, which has lost access to $0 premium Medicare Advantage plans, which are located in 15 states. The states include: Wyoming, Washington, California, Hawaii, Idaho, Iowa, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, Oregon, Utah, and Vermont. Delaware and Alaska are the only 2 states, which did not have any $0 Medicare...

What to do when you are ready to enroll ...

You probably have heard that Medicare enrollment rules are complicated. This is proven to be true, knowing when to enroll takes research. However, the good news is that enrolling is actually relative easy. To enroll in Medicare, there are 3 basic steps to follow: 1. Begin with Social Security: Medicare enrollment is administered by the Social Security Administration.  They offer you three options for enrolling into basic Medicare. You can call your local office for more information 2. Take advantage of Medigap: Once enrolled into basic Medicare, you will need to make...

What to do if you miss Medicare Open Enr...

If a person missing enrolling in a Medicare program, during open enrollment, there is a enrollment known as General Enrollment Period. General Enrollment Periods runs from January 1st to March 31st every year. However, if you wait for this enrollment it may lead to lifetime premium charges for late Part B Enrollment, that could cost a person thousands of dollars and your Medical coverage will not begin until July. If you miss Medigap Enrollment, which begins six after your turn 65 and are enrolled in Part B. Medigap policy, insurers may not be required to sell you a plan....