Every day, thousands of Medicare-age beneficiaries are facing a decision. The decision is when to sign up for Part B. Not knowing when or signing up too late could have costly consequences. Those consequences hit you in your wallet or purse. For life. You don’t want that to happen, do you? In this article, we discuss the Part B enrollment periods and mistakes when signing up for Medicare Part B. First, we discuss when to enroll in Part B.
Medicare is serious stuff. If you are reading this article, you are likely enrolling in Medicare for the first time. For years, your employer has provided access to major medical group insurance. Medicare has its own set of rules and regulations. It’s different. One trip up, and you could face a lifetime of penalties and higher costs. In this article, we discuss 5 mistakes Medicare beneficiaries make when they enroll in Medicare. After reading this article, Medicare and potential pitfalls will be more clear.
We want to stress potential pitfalls. As we always say, the best solution is the one which meets YOUR needs and situation.
At some point, unless you don’t have prescription drug care through your former employer, you will need to select a Part D Medicare prescription drug plan. Selecting the right part D prescription drug plan is a major decision. Picking the wrong one could cost you thousands over your lifetime. Fortunately, choosing the right one can be easy. Here, we discuss how to pick the right part D Medicare prescription plan in 4 easy steps.
If you are close to Medicare and part D prescription drug eligibility, you may have heard of the “donut hole”. (If you are on Medicare now, then surely you have heard of the donut hole.) In our view, the “donut hole” refers to the “no man’s land” of part D Medicare prescription drug costs where you need to pay more of your share. In other words, your out-of-pocket costs are much higher if you enter the “donut hole”. Here in this article, we discuss the top 4 ways to save money through the Medicare part D donut hole.