Medicare Options
At a high level, most people have two main options to consider when transitioning to full Medicare coverage.
OPTION #1 Original Medicare
- This option usually consists of the combination of:
- Original Medicare (Parts A and B)
- Plus a Medicare Supplement Plan (aka Medigap)
- Plus a Medicare Prescription Drug Plan (Part D).
- Most everyone pays a monthly rate for Part B (most people don’t have to pay anything for Part A).
- Supplement Plans and Prescription Drug Plans each charge you a monthly premium (in addition to your cost of Medicare Part B).
OPTION #2 Medicare Advantage Plan
- This is sometimes described as all-in-one Medicare Coverage.
- These plans bundle Parts A, B, and D into one plan (a supplement is not required).
- Most times these plans contain extra benefits over what original Medicare provides.
- And, many Medicare Advantage Plans have no additional monthly cost (you still pay Medicare for Part B).
Contact us for Medicare Peace of Mind.
We’ll help you make the right decision about your Medicare coverage. All at NO COST to you.
Email: 65Plus@bbginc.net
Phone: 866-845-8600; Ext 130
Latest News and Information on Medicare
Medicare Notes-Off-The-Cuff
About All Those Annoying Medicare Ads;A Prescription Drug Game-Changer; Gratefulness, and more...Ever Wonder About the Effectiveness of All Those Ads That Besiege Us During the Annual Enrollment Period? I don’t know about you, but my mailbox at home certainly was...
Understanding Your Medicare Prescription Drug Plan in 2024
Understanding Your Medicare Prescription Drug Plan in 2024For anyone enrolled in Medicare, it’s advantageous to be familiar with the various stages of prescription drug coverage. This is especially true for those taking the most expensive medications. Here’s what I...
What’s an ANOC?
ANOC. It sounds like a character from STAR WARS, doesn't it? ANOC is a Medicare acronym that stands for a plan's ANNUAL NOTICE OF CHANGE. It's a letter or similar document that each Medicare plan sponsor (insurance carrier) is required to send annually to anyone...
Medicare “Notes-Off-The-Cuff”: New Weight Loss Drugs and Other Curious Stuff
As a kid growing up in Cleveland, each day for years, I very avidly consumed everything published in the sports section of the local morning newspaper. Remember those? That morning newspaper, known to most of us back then simply as “The PD”, has persevered and lives...
Medicare Coverage of Second Opinions — Here’s What You Need to Know
I recently helped a Medicare client who was facing the prospect of a pretty significant surgery and wanted to pursue getting a second opinion. Thought I’d share some of the basics of what we learned about Medicare’s Coverage of Second Opinions……. Let’s start by...
2023 Medicare Part D Update: Understanding Your Medicare Prescription Drug Plan
Understanding your Medicare Prescription Drug Plan in 2023 Your particular monthly premium and drug costs depend on the type of Medicare coverage and the respective plan you have selected. Whether it’s a stand-alone Prescription Drug Plan if you are covered under...
Two Important Medicare Nuggets You’ll Want To Know About
You Will Pay Less for Medicare Part B in 2023 and Some Prescription Drug Coverage Changes Starting in 2023MEDICARE PART B PREMIUM DECREASE -- As speculated here a few months back, The Centers for Medicare & Medicaid Services (CMS) recently announced that the 2023...
Medicare’s Hospice Coverage: A Friend’s Gratitude
I recently attended the wake and funeral Mass for a family member of a good friend. In conversation after the services my friend shared with me how grateful the immediate family was for the hospice care provided to their loved one via the loved one’s Medicare...
Contact Us for More Information.
Centers for Medicare & Medicaid Services (CMS) Disclaimer — We do not offer every plan available in your area. Currently, we represent 10 organizations which offer 97 products in your area. Please contact Medicare.gov, 1-800-Medicare, or your local State Health Insurance Program to get information on all your options.