Some vaccines are covered under Medicare Part B and others are covered under Medicare Part D.
We’ll go through the most common vaccines and sort them into their appropriate coverage category so you know how your vaccines will be covered.
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When Should I Start Looking at My Medicare Coverage Options?
Evaluating your options should ideally start about 3 to 6 months before you enroll in Medicare.
I know everyone doesn’t have the luxury of that much time, but breaking the information into smaller chunks over several months makes it easier to have confidence that you’ve looked at all the possibilities and settled on the best Medicare coverage plan for you.
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How to Avoid Medicare Phone Scams
When the phone rings, and the person calling says there are important changes to your Medicare benefits, what should you do?
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Step 1: Hang up.
Step 2: Block the number.
In some cases, these calls are from criminals intent on stealing your identity.
In other cases, the calls are from less than scrupulous agents who are using the “changes to Medicare” line, or say they’re from the “Medicare help center,” or may even claim to be with a particular insurance company as a way to get a foot in your door, or a foot in your phone, in order to sell you something.
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Costly Medicare Supplement/Medigap Buying Mistakes and How to Avoid Them
Medicare Supplements, also known as Medigap plans, provide great extra coverage for Medicare beneficiaries. But there is no one-size-fits-all Medicare Supplement.
You have to be careful when shopping for Medigap plans to be sure you purchase the best plan for your unique situation. We’re going to go through the top 5 mistakes people make when purchasing Medigap plans and how to avoid them.
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How to Find the Best Medicare Part D Plan
Part D is one of the most confusing parts of Medicare.
We’re going to briefly go through how to find the best Part D plan for you, whether you do it on your own or through a broker.
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10 Ways to Save on Prescription Medications
Prescription costs can be a big hit to your budget when you’re on Medicare and a fixed income in retirement. Here are ten ways to save on medications.
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GoodRx or Medicare Part D?
Today, we’re looking at the popular drug discount program, GoodRx. You do not have to be on Medicare in order to use GoodRx. The program can lower out of pocket costs on prescriptions for your entire family, infants through senior citizens, and even your pets.
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Are Medicare Premiums Tax Deductible?
We’re going to look at the general answer to that question as it applies to federal taxes. State tax laws regarding Medicare premiums vary, so for questions on your personal tax preparation, please consult a tax professional in your local area.
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Medicare and Hospital Observation vs Inpatient Status: How Your Status Affects Your Costs
Going to the hospital is a stressful and potentially frightening experience. Before you have a hospital stay, it’s important that you and your loved ones know how your status (observation vs inpatient) can affect your hospital bills.
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Medicare Part D Late Enrollment Penalty: What is It? How Can You Avoid It?
Medicare Part D Prescription Drug Coverage
Medicare Part D is prescription drug coverage. It is not an automatic or mandatory part of Medicare. You don’t have to enroll in a Part D plan if you don’t want to.
However, if you decide not to enroll when you are first eligible but then decide to enroll later, you may have some steep late enrollment penalties that you will pay every month for as long as you have Part D coverage.
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