Learning Center

How Can I Get Extra Help Paying for Prescriptions?

Prescription drugs can be extremely expensive, and if you have more than one prescription to take or you take medications daily, the costs can be even greater. Medicare offers Part D to help lower the out-of-pocket costs of prescription drugs. Part D coverage can complement Original Medicare or be included…

Does My Medicare Coverage Change if I Move Out of Assisted Living?

Medicare recipients who reside in assisted living facilities most commonly leave because they need a higher level of health and custodial care. For many, this means moving into a skilled nursing facility where they can get help with their daily living activities and have access to around the clock nursing…

What is the Part B late enrollment penalty?

Medicare Part B is optional coverage, but most people will choose to enroll during their initial enrollment period. This can be when you turn 65, or under the age of 65 if you’ve been receiving disability payments from Social Security or the Railroad Retirement Board for 24 months.  If you…

What is a Maximum Out-of-Pocket Limit?

When it comes to health insurance, there are lots of terms that get thrown around. However, not all of them are a simple as they seem. One of these terms is the out-of-pocket maximum. It is important to be aware of what this term means and how it relates to…

Why Should I Choose a PPO?

Medicare beneficiaries who enroll in a Part C, or Medicare Advantage, plan can expect to find a variety of options when it comes to how different plans manage their services and the access enrollees have to healthcare providers. A Preferred Provider Organization (PPO) plan is a type of Medicare Advantage…

What Drugs are Excluded from Part D Plans?

Whether you take medication on a daily basis to manage symptoms of a chronic medical condition or you occasionally need prescription drugs to treat acute healthcare concerns, there’s no denying that medications are an important part of the US healthcare system. As a result, many people who receive Medicare benefits…

What is the Part D late enrollment penalty?

Original Medicare benefits include Part A and Part B, but most Medicare recipient choose to enroll in Part D when they are first eligible for Medicare. Part D helps cover prescription drugs and is an optional plan available to Medicare beneficiaries. Although it is voluntary, a late penalty may be…