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Is the Medicare Donut Hole closing? Here we are almost 17 years later and the donut hole still strikes fear into most retiree’s wallets. Is it the actual donut hole that worries most, or is it the unknown? I am willing to bet it is the unknown! Most retirees never receive the necessary information to […]

This article will focus primarily on the Medicare donut hole, but we will also show how you will move thru each phase of a Medicare Part D prescription drug plan. Every year, from October 15 to December 7, during the Medicare open enrollment period, beneficiaries have the opportunity to enroll in a plan that offers […]

If you went on Medicare after January 1st of 2020 then you cannot buy a Medicare Supplement Plan F. What is the best alternative for Medicare Supplement Plan F? Research you may have conducted on your own has likely returned results on Medicare Supplement Plan G.  Prior to January 1, 2020 the most popular Medicare […]

So How Much Will Medicare Cost in 2023? Medicare cost for 2023 showed an increase to  Part A deductible, but a small decrease to the Part B annual deductible over 2022. In addition, the daily co-payments under Part A of Medicare showed increases in each phase.  The Medicare Part B coinsurance still remains at 20% […]

Traveling Abroad With Medicare Well its that time of year when folks are doing a bunch of traveling.  Keep in mind that traveling domestically is different than Medicare foreign travel.  The great news is that anyone on Original Medicare can travel anywhere in the United States and have access to medical care from almost any […]

Changes to Medicare Part D Plans Medicare Part D Prescription Plan news.  Look for changes to Medicare Part D Prescription Drug Plans over the next few years. Big news for retirees when it comes to a provision passed in the Inflation Reduction Act of 2022.  Medicare beneficiaries will now have a cap on the maximum […]

Today we are going to quickly discuss whether or not you have to enroll in a Medicare Part D Prescription Drug Plan.  While the answer to this question is easy to answer, there is a big reason why you might just not want to go along with it. Do I have to enroll in a […]

Have you heard the big news that there is going to be a large Social Security Increase (COLA) in 2023? It is estimated that it could come in around 10.5% due to rising inflation. What does this mean for the average retiree? The average retired worker receives about $1,665.00 each month.  If the full 10.5% […]

When we are in our very young years, we have the notion that we are invincible.  As we age, it becomes quite clear that we are not.  Once we are approaching our golden years it is imperative to understand how frequent doctor visits can benefit senior citizens. As you reach retirement age, several changes will […]