When piecing together the best Medicare offerings to fit your needs, the choices can be overwhelming. One major choice you need to make it whether you would like a Medigap plan or a Medicare Advantage plan. Let’s take a look at both.
If you’re new to Medicare it may be easy to confuse it with Medicaid. It gets even more confusing when some people can be eligible for both programs. Here’s the simple difference.
While Annual Open Enrollment ended Dec. 7 if you have a Medicare Advantage plan you still have options to change up your Medicare plan. Here’s everything you can do during the Medicare Advantage Open Enrollment Period January 1- March 31.
In 2022 most Medicare plans premiums and deductibles increased. If these new costs are causing you to worry, there are a few programs you should know about.
Right now is the Medicare Open Enrollment Period. From now until December 7, you can sign up for a Medicare Advantage plan, drop your Medicare Advantage plan and switch to Medicare Parts A or B, Change from one Medicare Part D plan to another or drop your Part D plan altogether. But if you miss this enrollment period, you are not completely stuck with your current plan.
It is open enrollment time and just like when you were receiving insurance through an employer, now is the time to review your Medicare plan as well.