This post is about Medicare Supplements. You’ll see the rules for Medicare Advantage policies shortly. As Connecticut residents, we’re lucky. You can’t be denied for Medicare Supplement insurance based on your medical history. But… We Can Be Denied Based on Age. Medicare enrollees under age 65 have fewer options. (Yes, I said “under 65.”) The
Most Popular* Medicare Advantage Plans by County for 2018 Two things I want to be clear about: Thing One *These are the plans my clients who are 64-year-old and “new to Medicare” have been attracted to and have asked me to help them apply for most frequently in 2018. These may not be the best
How to Enroll in Medicare You can apply for Medicare online. You may want to Print this document first. It gives instructions on how to apply for Medicare but not social security income benefits. However, whether you want to start receiving SS benefits now or later, most of the steps are the same. You apply
Medicare Copays Coinsurance and Deductibles Explained Before you look under the hood of your insurance policy, let’s go over a few terms. Once you have a handle on the four terms below, you have a better understanding of how Medicare and other health policies work. Three of these terms are cost shares. Cost shares are:
What You Might Lose if You Lose Low Income Medicare Benefits If you currently have Qualified Medicare Beneficiary (QMB) benefits, there are three big benefits you stand to lose if your income is higher than the new income levels. If you have any level of Medicare Savings Program (MSP) status, you may lose two benefits
What If You Have a Pre-Existing Condition? Are a Connecticut resident? Do you plan to stay one for the upcoming year? If “yes,” you can probably relax. If you maintain continuous coverage, your medical history isn’t likely to affect you. You will only see one medical question on an application for a Medicare Advantage Plan.
Medicare Advantage Plans are not secondary insurance plans. (Medicare Supplement Plans are secondary.) Medicare Advantage is like group health insurance policies and other non-Medicare health coverage. You will just present your ID card to your doctor when you have a visit, then pay your copay. (This can make life simpler. You won’t have to wait
Effective March 1st 2018, you may lose Medicare Savings Program benefits from the State of Connecticut. You might have heard the income limits dropped dramatically. This change hurts 68,000 Connecticut residents. You will see tips and strategies in this email series that may help you reduce the pain if you are one of the 68,000.
2018 Medicare Savings Program (MSP) Cuts Hurt Connecticut Seniors and Others Over 68,000 Connecticut Medicare Enrollees will lose MSP assistance in 2018! Medical costs for some will jump from $100 per year to several hundred per month. The state chose to balance its budget on the backs of Connecticut grandmothers and grandfathers. This will be
CT Preferred Pharmacy List for Medicare Plans How would you like to drop your prescription costs by 60%? Or even see your copays go to zero? If you are not using a preferred pharmacy, you could be paying much more than you should! What is the difference between preferred cost sharing and standard cost sharing?