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The Facts about Medicare Seminars: 5 Things You Need to Know

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The Facts about Medicare Seminars: 5 Things You Need to Know

Medicare seminars are designed to offer seniors answers about their future. However, choosing a seminar can leave you even more confused. We’ll cover the need-to-knows about Medicare seminars, and provide some reliable Medicare resources. 1. There Are Two Different Kinds of Seminars Before signing up for a Medicare seminar or workshop, you need to make …

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New Medicare Advantage Open Enrollment Period

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Medicare Advantage Open Enrollment

Traditionally, many seniors have two periods to disenroll from their Medicare Advantage plan. The first period is the Annual Enrollment Period, or AEP, which runs from October 15 to December 7. This period allowed beneficiaries to drop or switch their Medicare Advantage plans and shop for a Medicare Part D plan. The second period was …

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What is Medical Underwriting & Do You Need It?

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Are you considering a Medicare supplement plan? You might need one if you are looking for ways to fill the gaps in your Original Medicare coverage. If your Medigap Open Enrollment period has passed, then you may be subject to undergo medical underwriting. This is a crucial step to get an approved plan. Additionally, if …

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Is Original Medicare Enough Coverage for You?

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When enrolling in Medicare, many new beneficiaries are under the impression that they’ll pay one premium for Medicare, and be set with full coverage. Unfortunately, this is not the case. Original Medicare includes only Medicare Part A (Hospital Insurance) and Medicare Part B (Outpatient Insurance). Though Medicare Part B is optional, elective coverage, over 90% …

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3 Periods When Medicare Recipients Can Make Changes to Their Coverage

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Starting in October, there is a bit of hysteria in the Medicare world. This is because the Annual Enrollment Period is nearing – and most Medicare beneficiaries believe that this is the only time when they can make any change to their coverage. However, contrary to what many think, Annual Enrollment Period is actually not the only …

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Do I Really Need Medicare Part B?

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Medicare Part B

Unfortunately, there is a common misconception that Medicare beneficiaries only need Part A to have comprehensive coverage. While Medicare Part A is the free option, when beneficiaries only take Medicare Part A, there is a huge gap in coverage. Before we dive any further into when you need Medicare Part B, let’s first take a …

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Changes to Medicare Parts A and B for 2017

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The Centers for Medicare and Medicaid Service (CMS) have announced updates for 2017. There will be an increase in 2017 premiums and deductibles for both Part A (inpatient hospital care and nursing facilities) and Part B (physician and outpatient hospital services). Part A Deductible Increase While the 2017 annual deductible for Medicare Part A will …

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What Does Medicare Supplement Plan F Cover?

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Medicare Supplement Plan F Coverage Medicare Supplement Plan F is one of the most popular Medicare Supplement Insurance plans because it offers the most comprehensive coverage of the currently available Medicare supplement insurance plans. Medigap Plan F covers the most amount of benefits compared to the other Medicare Gap plans.  Plan F covers the ‘gap’ in coverage associated with Parts A …

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Medicare Advantage Disenrollment Period

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Facts About the Medicare Advantage Disenrollment Period: The Medicare Disenrollment Period begins January 1st and ends on February 14th. The Medicare Disenrollment Period is the of time at the beginning of the year when Medicare Advantage beneficiaries can disenroll from their Advantage Plan and switch to basic Medicare. The Medicare Disenrollment period only applies to …

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