Medicare vs Medicaid Senior Product Specialist, John Shinn discusses the differences between Medicare and Medicaid Hey everybody, it’s John, here at Empower Brokerage again. There’s another great question of that comes up a lot this time of year, and that’s, what’s the difference between Medicare vs Medicaid? These are two […]
Yearly Archives: 2016
Medicare Mistake #10: Not Taking Advantage of Discounts If your income is limited, you may qualify for discounts that lower Medicare expenses Medicare Savings Program Your state may help pay the Part A (Hospital Insurance) and the Part B premiums (medical insurance) and additional expenses According to Medicare.gov, there 4 […]
Medicare Mistake #10 Not Taking Advantage of Discounts
When we make it to the holidays, we usually give ourselves grace when it comes to our health. We sneak an extra Christmas cookie or double up on mashed potatoes for Thanksgiving dinner. And while we are allowed to take a break during this joyous and celebratory time, we do […]
5 Ways to Stay Healthy this Holiday Season
Medicare Mistake #9: Failing to Read Your Annual Notice Your Annual Notice specifies changes in plan coverage, service area, and costs for the following year starting in January. Your Annual Notice is mailed to you by September 30th, which is 15 days before Annual Election Period (Oct. 15- Dec 7). […]
Medicare Mistake #9: Failing to Read Your Annual Notice
Medicare Mistake #7 Picking the Wrong Part D Plan Traditional Medicare does not cover prescription drugs. Part D plans help cover the costs of prescription drugs. Unless you have a Medicare Advantage plan that includes drug coverage or are covered through an employer, it is important you pick out […]
Medicare Mistake #7: Picking the Wrong Part D Plan
Medicare Mistake #6: Misunderstanding the Annual Election Period Medicare Annual Election/Open Enrollment is October 15th – December 7th every year Biggest Misconception How to describe the season- Many people are confused about what to call the Medicare Annual Election Period (AEP) Thanks to Obamacare Open Enrollment Season, we now have […]
Medicare Mistake #6: Misunderstanding the Annual Election Period
Medicare Mistake #5: Failing to Enroll in Part D Prescription Drug Plan Enroll in a Part D plan before prescription drug needs are imminent! Prescription drug coverage is available to anyone with Medicare. If you receive benefits under Medicare Part A and/or B, you are eligible for Part D prescription drug […]
Medicare Mistake #5: Failing to Enroll in a Part D ...
Medicare Mistake #4: Thinking You Must Reach Retirement Age You must meet certain requirements for Medicare eligibility. Most people reach full retirement age at 66. You must sign up for Medicare at age 65 to avoid penalties, unless you have health coverage from your job, or from your spouse’s current place […]
Medicare Mistake #4: Thinking You Must Reach Retirement Age
Plan F vs Plan G What is the Difference Between a Plan F and a Plan G? That’s a really great question, we hear that almost everyday in our business. Original Medicare has Part A and Part B. You can add up to 11 Medicare Supplement plan designs. Plan F […]
Plan F vs Plan G
Medicare Costs Rise in 2017 Medicare Costs are rising in 2017! Prepare yourself for these upcoming changes! There are changes made to Medicare each year. Changes in coverage as well as cost can greatly affect you. It is important to stay aware of changes. Keep in mind your medical needs […]