Medicare Part D: Extra Help with Drug Plan Costs

August 21, 2017

If you are one of the fortunate that has deciphered Medicare Part D and enrolled in a plan, you should apply for the extra help. The “Extra Help” is a subsidy Social Security will place on your record if you qualify. When you qualify for the extra help your out-of-pocket expenses will be greatly reduced. [...]

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How Do I Sign Up For Medicare?

August 11, 2017

There are several different ways to qualify for coverage under Medicare. These requirements are for Hospital Insurance (Part A), Medical Insurance (Part B), and Prescription Drug Coverage (Part D). Most people who are age 65 or older are eligible based on their own employment, or that of a spouse. You qualify for Medicare coverage if [...]

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How to Pick a Medicare Part D Plan

July 2, 2017

Medicare was confusing enough before Part D came along. What is Medicare Part D and how do you enroll in it? Medicare Part D is prescription drug coverage under Medicare. It was added as part of the Medicare Modernization Act of 2003. This plan is administered by private insurance companies for Medicare. You will need [...]

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Paying too Much for Medicare?

May 23, 2017

Medicare coverage can be very expensive. Premiums for Medicare Part B are $88.50 per month in 2006. If you sign up for Medicare Part D your premiums can cost $35.00 per month or more depending on the plan you choose. Not only do you have to pay these premiums for Medicare, but they go up [...]

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