Medicare Supplement High Deductible Plan G

Medicare Supplement High Deductible Plan G: A Comprehensive Guide

The Problem with Traditional Medicare Medicare is a great healthcare option for seniors. However, it often leaves gaps in coverage. This can leave you responsible for out-of-pocket expenses. This creates a financial burden that can be challenging, especially those on fixed incomes. Traditional Medicare plans typically come with high deductibles, which can leave beneficiaries vulnerable…

Are medical alert systems covered by medicare?

Are medical alert systems covered by medicare?

Some people may be curious if Medicare covers medical alert systems? Medical alert systems can provide a great deal of peace of mind for both seniors and their caregivers. However, the cost of these systems can be prohibitive. There is a sense of comfort when wearing a medical alert device. You simply press a button…

Will Medicare Cover the Silversneakers Program?

Will Medicare Cover the Silversneakers Program?

What is the SilverSneakers program? SilverSneakers is a health and fitness program for seniors offered through participating health plans. It’s designed to help seniors maintain an active lifestyle and improve their health and well-being. It’s is a nationally-recognized exercise program designed to help adults aged 65 and over stay active and healthy. It provides access…

What is Medicare IRMAA for high income earners?

What is Medicare IRMAA for high income earners?

Medicare IRMAA stands for Income Related Monthly Adjustment Amount and the Social Security Administration (SSA) determines who pays an IRMAA. It is a payment that high-income earners must pay when they sign up for Medicare Part B and/or Part D plan coverage. This payment is based on the individual’s modified adjusted gross income (MAGI) reported…

Issue Age vs Attained Age

Issue Age vs Attained Age Medigap Plans

Attained Age vs Issue Age vs Community Rated Medigap Plans Do you have an idea of how insurance companies price their Medigap plans? Are you wondering how these companies will charge you for your plan?  How a company prices their policies will determine how much you end up paying for coverage.  Insurance companies have several…