When you become eligible for Medicare, you can enroll in Medicare Part A, which covers hospital costs, and Part B, which is medical insurance. However, neither of these plans covers the cost of prescription drugs. One option for getting coverage for your prescription drugs is by adding Medicare Part D to your overall plan. If …
When Can I Join a Medicare Advantage Prescription Drug Plan? Read More »
The Annual Enrollment Period (AEP) is the period between October 7 and December 15, when existing Medicare beneficiaries have the opportunity to review their current Medicare plans and make changes if necessary. It’s tempting, if you’ve been with your current Medicare plan for a while, to let the AEP slip by without notice and let …
Medicare Supplement Insurance, also known as Medigap, is a supplemental insurance policy that you can purchase to add to your existing Medicare plan. Medigap is purchased through a private insurance company and covers costs that your Medicare doesn’t. Medigap is separate from Medicare Advantage, and you cannot have both at the same time. Deciding to …
The Medicare Annual Enrollment Period (AEP) refers to the enrollment period that takes place from October 15th to December 7th annually. This enrollment period is for existing Medicare beneficiaries to review their current plan and decide if they would like to make changes for the upcoming year. AEP is NOT available for those who have …
Can I Enroll in Medicare for the First Time During AEP? Read More »
