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Posts by QuoteMyMedicare

Medicare cost in 2021 are on the rise. These changes, are not significantly higher, but do outpace the Social Security cost-of-living adjustment and effect many seniors who are on a fixed income.  The Centers for Medicare and Medicaid services (CMS), officially released news in November 2020 of the new Medicare cost 2021 changes.  Medicare Part A.. More

Medicare Supplement Plan G fills the gaps of Medicare, and helps pay your out-of-pocket expenses like hospital deductibles and physician bills that Medicare doesn’t pay for in full. Let’s be honest, trying to sign up for Medicare is confusing to say the least. When you begin Medicare, you can get additional coverage through one of.. More

A Complete Medicare Part B Overview The Medicare program in its entirety is composed of several different parts. When you’re looking for healthcare coverage, learning about these individual parts and knowing your choices in detail can be a significant help. Part A of the Medicare Program is an insurance plan for hospital coverage. It also.. More

Currently, right now, floating around in Congress is a bill that would actually cap the increase on Medicare Part B premiums in 2021. The bill has made its way through the house and it’s now in the Senate, and it would put a 25% cap on the Medicare Part B premium increase. Video Below As.. More

2021 Social Security Cost-of-Living-Adjustment Up-Date: Social Security Cost-of-Living-Adjustment Unfortunately estimates are projecting only a 1.3% annual (COLA) for 2021. If this is approved, it will be the smallest in about 3 years. In 2017 the COLA was only 0.3%, but since there have been higher annual increases. Medicare Premium 2021 Unfortunately, if/when Medicare increases premiums.. More

If you’ve signed up for Medicare, but are unsatisfied with the amount of coverage you received, combining Aetna with Medicare might be a great fit.  An Aetna Medicare supplement plan (Medigap) or Aetna Medicare Advantage plan may be the optimal solution to lowering your overall cost, and increasing your benefits. Since delivering their first Medicare.. More

Medicare Explained Simply While most people count on Medicare for their health care coverage at age 65 and over, the reality is that this program can be somewhat confusing in terms of what is – and isn’t covered – and under which “part” of Medicare different items and services fall. A recent study by Fidelity.. More

Medicare Part D Penalty

Written by QuoteMyMedicare

Medicare Part D Penalty Explained A lot of folks have questions about the Medicare Part D penalty. Things seem to change so much, many people are confused and scared they might make a mistake. A common question we get is “how can I avoid a plan D late enrollment penalty.” This video will illustrate that.. More