What the 2020 Medicare Annual Election Period (MAEP) Means for You
Also called Fall Open Enrollment, the Medicare Annual Election Period is one of two important periods for individuals eligible for Medicare.
CMS Creates Special Enrollment Periods for Those Impacted by Recent Hurricanes
As a result of this year’s devastating hurricane season, the Centers for Medicare and Medicaid Services have decided to make special enrollment periods for those living in an area affected by a hurricane.
How Are Medicare Supplement Premiums Calculated and Why Do Rate Increases Take Place?
There are three different ways that an insurance company can price its Medicare Supplement premiums: community-rated (also called No-Age-Rated), issue-age-rated policies, and attained-age-rated policies.
The 2018 Medicare Annual Election Period and How to Take Advantage of It
The first period is The Annual Election Period (October 15th through December 7th). In this period eligible individuals may enroll or disenroll from a Medicare Advantage plan. The second period is The Medicare Advantage Disenrollment Period (January 1st through February 14th). In this period Medicare Advantage enrollees have the opportunity to disenroll from their plan and acquire a Medicare Supplement plan, if they so choose.
How Much Can a Medigap Plan Save You When Medical Bills Stack Up? We Did the Math.
A Medicare Supplement plan, also called a Medigap plan, is designed to cover the healthcare costs that Medicare won't. In order to show how important a Medigap plan can be in protecting you from out-of-pocket costs, we calculated how much money a Medigap plan would save you in the event of an unlikely, yet completely possible, serious medical issue.
17 Reasons Consumers Choose Medicare Supplement Over Medicare Advantage
A list of the main reasons consumers choose a Medicare Supplement plan over a Medicare Advantage plan.
Medicare Supplement Plan N: A Closer Look
Let’s take a look at some of the benefits you receive when you sign up for Medicare Supplement (Medigap) Plan N.
A Brief History of Medicare and Medicaid
On July 30th, 1965, President Lyndon B. Johnson signed the bill that would lead to the implementation of Medicare and Medicaid. Back then, the program included Medicare Part A, hospital insurance, and Medicare Part B, medical insurance. Today, Parts A and B are called “Original Medicare”, and continue to help Americans with their healthcare costs.
Medicare Supplement Plan G: A Closer Look
Plan G offers comprehensive coverage for costs Medicare does not cover. It is identical to Plan F aside from one difference: Plan G policyholders must pay the Medicare Part B deductible.
A Brief History of Medicare Supplement
The history of Medicare Supplement, or Medigap, plans goes back to the 1980’s. In order to strengthen consumer protection, the government created a voluntary program that would allow Medicare recipients to gain coverage for gaps in Medicare.