In the previous blog post, the Deductible and Initial Coverage periods were explained. Now that you have a better understanding of these coverage periods, it’s time to explain the last two – the coverage gap or donut hole period, and… Read More
Archive for the ‘Medicare’ Category
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Medicare Part D Coverage Gap Part 1: Formularies, the Deductible Period and Initial Coverage Period
Donuts are a delicious treat that everyone enjoys. However, the Medicare Part D “donut hole” has nothing to do with the tasty, carb-laden treat that we all know and love. The “donut hole” is the term used every day to… Read More
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How Medicare Part D works with Medicare Advantage
If you’re reading this, then you’re likely looking to learn more about Medicare Part D. Medicare Part D is a federally regulated prescription drug insurance program that is operated through private insurance companies. These companies offer prescription drug coverage to… Read More
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What Exactly is Medicare Part D Prescription Drug Coverage?
If you’re reading this, you must be wondering what Medicare Part D coverage is. Medicare Part D is a federally regulated program operated through private insurance companies. These private insurance companies offer prescription drug coverage to Medicare beneficiaries. Before 2006,… Read More
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How to Avoid the Worst Medicare Mistakes
Medicare covers a vast bulk of your health care expenses throughout the Medicare-covered years of your lifetime. But Medicare’s rules can be a bit confusing, leading to many mistakes if you aren’t cautious. If you do not make the… Read More
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Saving Money with a Medicare Supplement Plan
A Medicare Supplement, also referred to as a Medigap plan, is a great way to cover the cost associated with your healthcare. A Medicare Supplement Insurance policy will help cover the costs that Original Medicare does not cover. Remember, Original… Read More
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How Your Medicare Plan Can Prevent Chronic Diseases
Although it might seem obvious; you need your health to enjoy your retirement years! The top cause of death for people aged 65 and older in the United States is heart disease. While amazing advances have been made using modern… Read More
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4 Of The Best Reasons to Love Medicare
If you’re approaching Medicare eligibility, you might be wondering if it’s an excellent form of insurance (spoiler alert: it is!). At times, it gets a bad rap. People complain about prescription drug prices, or complain about the lack of coverage… Read More