How are Medigap and Medicare Advantage different?

How are Medigap and Medicare Advantage different?

For starters, they’re both options for people with Medicare, but Medigap coverage supplements original Medicare, while Medicare Advantage is a private insurance alternative to federally run Medicare. They’re very different, and their unique types of coverage can’t be...
4 Tips to Protect Yourself from Medicare Fraud

4 Tips to Protect Yourself from Medicare Fraud

Medicare fraud is widespread and is among the long list of health care fraud schemes that cost the government billions of dollars annually. Medicare scammers continue to evolve their methods, making their ploys increasingly more believable. Recently, a RetireMed...
Understanding Medicare’s Options: Parts A, B, C and D

Understanding Medicare’s Options: Parts A, B, C and D

Making sense of the alphabet soup of health care choices Medicare is complicated and can be confusing to sort through. To make it easier, the program has been broken down into four basic parts that include coverage for everything from hospital care to doctor visits to...
Medicare Begins to Rein In Drug Costs for Older Americans

Medicare Begins to Rein In Drug Costs for Older Americans

Reforms embedded in the Inflation Reduction Act will bring savings to seniors this year. Already some lawmakers are aiming to repeal the changes. Steve Lubin spent a lot last year on insulin to control his Type 2 diabetes. A retired nurse in Philadelphia, Mr. Lubin...
How did the Medicare donut hole change for 2023?

How did the Medicare donut hole change for 2023?

How did the donut hole change for 2023? As has been the case in previous years, the thresholds where a person enters and exits the “donut hole” increased in 2023. We’ll explain this in more detail below, but the short story is that the initial coverage limit increased...