insurance master

As a Medicare beneficiary, you must have realized that Medicare premiums, copays, and deductibles change every year. This change usually results in an adjustment to your preferred Medicare plan. That is why every Medicare beneficiary receives an Annual Notice of Change letter for every Medicare plan they are enrolled in. The letter is dispatched every […]

For many American seniors turning 65 years, Medicare offers a huge relief from the ever-rising healthcare costs and a new way of meeting their healthcare coverage requirements. More than one-third of all Medicare beneficiaries switched to Medicare Advantage plans in 2020. With these plans becoming increasingly popular, Medicare Advantage enrollment has more than doubled in

The Medicare Advantage program serves as an excellent alternative to Original Medicare, in which health care coverage is usually provided by private insurance companies and reimbursed by the federal government. The program has two different funding sources: the monthly premiums of beneficiaries and the Centers for Medicare & Medicaid Services (CMS). The CMS usually pays

Approximately 10,000 baby boomers turn 65 every day, becoming eligible for Medicare.  Although most of these seniors still choose Original Medicare for their insurance needs, approximately 34% of them choose to enroll in Medicare Advantage. While Original Medicare is funded and run by the federal government, Medicare Advantage plans are run by private insurance companies

As you approach your 65th birthday, one of the things that should be topping your to-do list is to enroll in Medicare. You can do this during your Initial Enrollment Period (IEP) or the Annual Election Period (AEP). During the enrollment period, you will be required to choose between Original Medicare and Medicare Advantage. While