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Medicare ‘Doughnut Hole’ Will Close in 2019

Drug companies will pay more to lower some Part D costs by Dena Bunis, AARP, February 9, 2018 Medicare beneficiaries with high annual prescription drug costs will get some relief a year earlier than expected as a result of the budget deal President Trump signed early Friday. Part D beneficiaries who have high prescription drug […]

Do I Have to Renew My Medicare Plan during Open Enrollment?

Unless you take action to change it during Medicare Open Enrollment (Oct. 15 – Dec. 7), your current Medicare coverage will renew for the following year. But are you sure you want it to? Automatic renewal helps ensure that you will have continuing coverage. It works the same whether you have Original Medicare (Parts A […]

Turning 65 soon? Here’s what you should know about Medicare

In health care, the magic number is 65. Most people who live in America are eligible for Medicare, a federal health insurance program, when they turn 65, as long as they have a Social Security number and have paid into Social Security. It’s also available for younger people with disabilities or other chronic diseases. Many people […]

5 Ways to Pay Your Medicare Part B Premium

If you’re like most people, you don’t pay a monthly premium for your Medicare Part A. However, if you have Medicare Part B and you are receiving Social Security or Railroad Retirement Board benefits, your Medicare Part B premium is usually deducted from your monthly benefit payment. If you have Medicare Part B but you […]

Medicare Part D Plans

Majority of Drugs Now Subject to Coinsurance in Medicare Part D Plans A new analysis from Avalere finds that a majority of prescription drugs covered by standalone Medicare Part D plans (PDPs) are subject to coinsurance, rather than copayments, in 2016. Coinsurance is when a beneficiary pays a percentage of the cost of the drug, […]

Learn how you can sign up for Part B and the 2016 costs.

Learn how you can sign up for Part B and the 2016 costs. Some people automatically get Medicare Part B (Medical Insurance), and some people need to sign up for Part B. Learn how and when you can sign up for Part B. If you don’t sign up for Part B when you’re first eligible, […]