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Medicare: Part D 2017

Medicare Part D 2017 Medicare Part D is Prescription Drug Coverage. The plans are not offered by Medicare, but by private insurance companies that must meet specific standards. To Qualify To qualify, you must participate in Part A and Part B. Offered by Outside Insurance Companies Medicare itself does not offer Part D policies. The […]

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Medigap: Medicare Supplemental Insurance 2017

MEDIGAP Medicare has four parts: Part A, B, C, and D. Each part covers a different service. Medigap supplements your coverage. Medigap: What is it? Medigap is also known as Medicare Supplemental Insurance. It is extra health insurance you buy from a private company that provides coverage for deductibles, co-pays, and services that are not […]

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The Donut Hole–Medicare Part D

The Infamous Donut Hole – Medicare Part D Beware the gap or infamous donut hole in Part D policies outlined here: Once you and your insurance company have paid a combined amount of $3,310 for covered drugs in the year, the percentage of your coverage decreases. You will pay 45% of the cost on brand […]

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Medicare Part B 2016 Premiums and Deductibles

Medicare Part B. What’s Changed for 2016? How Much Does it Cost? Part B premiums will undergo significant changes in 2016. The deductible will go up to $167 per year for all participants. The premium amounts will vary depending on your circumstances. If your Medicare premium is currently being deducted from your Social Security check, […]

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