The other day I had a meeting with a new couple looking to come off their employer insurance and go onto Medicare. Going into the meeting, one of the two had the idea that they will just enroll into Original Medicare which is made up by Part A (Hospital) and Part B (Medical) without adding […]
Today we’re going to be going through how you can search for the most cost-effective Medicare Part D plan. What we do as an insurance broker is we actually use the Medicare.gov website to search for our clients prescription drug plans In California, there’s actually 30 different prescription drug plans (as of 2019) so it […]
A few weeks ago, I was at a tux shop looking to rent a suit and as I arrived I realized I didn’t know what to expect and what the protocol was. What questions should I be asking? What does the process look like? What deadlines do I need to be aware of? And most […]
We get questions all the time about what the Medicare donut hole is. The donut hole is a gap in the prescription coverage under Part D of Medicare when the total costs of you prescriptions throughout a given year reaches $3820 (2019). That is a combination of what you have paid out of your pocket […]
Today, we are going to be covering how you can find out if your doctor takes Original Medicare. If you have Original Medicare as your primary insurance and have added on a Medicare Supplement plan (regardless of what insurance carrier you have), there are two ways that I’m aware of that you can find out […]
Here is how you can try out a Medicare Advantage plan using what are called Trial Rights. There are two main trial right that you can use to try out a Medicare Advantage plan and you can still go back and get a Medicare Supplement Plan in the future with no medical underwriting questions. The […]
Here in the state of California we actually have what’s called the Birthday Rule for Medicare Supplement policies. What the Birthday Rule states is that you can switch your Medicare Supplement plan like to like or you can also switch plans if you are downgrading Supplemental plans. Medicare Supplement plans are standardized by the government […]
HR and Benefits Mangers get tons of questions about Medicare. How do we know? We talk to HR and Benefits Managers all the time because they get approached by employees looking for direction on what to do about Medicare. Answering those questions can be difficult as Medicare is outside the scope of what HR and […]
October is here which also means it’s the Medicare Open Enrollment. Starting today, October 15th until December 7th you will be able to make changes to some of your Medicare plans. If you are happy with your Medicare plans, there is nothing you need to do. Your plans will automatically renew for 2019. However, if you […]
When it comes to getting your Medicare plans set up, there are really two ways to do so. The first way is to contact the insurance companies directly (Do-It-Yourselfers). The other way, which we think is more advantageous for Medicare recipients is to use an independent Medicare agent. Here’s why: 1. There is No Cost […]