Medigap Plan D a good deal? People may consider a Medicare supplement/Medigap Plan D when they look at the other coverage compared with other plans like Plan G or Plan N. When comparing the coverage, I can see why because it’s very similar to Plan G. Just like Plan G Read more…
ILLINOIS MEDIGAP OPEN ENROLLMENT PERIOD – NEW LAW There was a recent bill passed for the state of Illinois that impacts people on Medicare. It’s Illinois Senate bill 147 – Medicare Open Enrollment It appears the goal of the bill is to help provide extra flexibility for people that have Read more…
Everything you need to know to Start Medicare Right! How much does it cost? When does it start? What does it cover? What are your options? All of these questions and a few other will be answered below. Schedule time with Mike Do you have to enroll in Medicare? Are Read more…
Is Medicare Advantage REALLY cheaper than a Medicare supplement? Are Medicare Advantage plans cheaper than a Medicare supplement? When most people ask that question, they are comparing premiums. For that comparison, YES Medicare Advantage plans have a lower premium than a Medicare supplement. But premium isn’t the only thing to Read more…
What’s a Medicare Supplement? What’s a Medicare supplement? A Medicare supplement is a type of health insurance plan that helps fill in the gaps of Medicare. This is why Medicare supplements are also known as Medigap plans. Basically, Medicare supplement first pays its share of your medical bills. Then the Read more…
Plan G vs Plan N What’s the best Medicare supplement plan? There are more than 10 different types of Medicare supplements people can buy. But 2 are much more popular than the rest for people starting Medicare in 2020 or later. Plan G and Plan N. So which one should Read more…
Why can’t I buy Plan F anymore? MACRA made a HUGE change. People who are first starting Medicare cannot buy a Medicare supplement that covers their Part B deductible for them anymore. This includes the most popular Medicare supplement which is Plan F. That’s right. Anyone starting Medicare in 2020 Read more…
Attained Age vs Community Rated vs Issue Age Medicare supplement policies offer coverage that is standardized. But the price they charge for that coverage can vary greatly. One of the reasons for the price being different is the way they rate their policies. There are 3 main methods Medicare supplement Read more…
Innovative Medicare Supplements A few companies have a Medicare supplement that they call an Innovative Medicare Supplement. Depending on the state you are in, this can mean very different things. So today, we’ll focus on Physician’s Mutual. Physician’s Mutual Innovative Medicare supplement starts off with 1 set of benefits but Read more…
Medicare Annual Enrollment Period New plans for 2021 will be released on October 1st. The Annual Enrollment Period is the time to make a change to your current Medicare plan. This period runs from Thursday, October 15th until Monday, December 7th. Changes made during this time will be effective January Read more…