Magazine Archive
Magazine Archive
Understanding Medicare Part D Changes in 2025
We are officially in a new economic cycle. The long-anticipated September Federal Reserve meeting brought news many economists had predicted: the Federal Reserve lowered its Federal Funds Rate by 0.5%. This marks the first cut since March 2020. The Fed Funds Rate is the rate at which banks lend to each other overnight. Lowering this rate stimulates the economy by reducing credit card rates, promoting hiring, and keeping unemployment low. However, it may also lead to lower yields on savings accounts and certificates of deposit.
Help Paying for Medicare in Massachusetts
Medicare Savings Programs (MSPs) are federally funded programs administered by individual states. In Massachusetts, MassHealth is the administrator of these programs.
Medicare and Medicaid in Massachusetts
Navigating healthcare can feel like trying to solve a complex puzzle, especially for those who rely on both Medicare and Medicaid for their coverage. In Massachusetts, the coordination of these two vital programs can make healthcare more accessible and efficient for residents who need it most.
Medigap Plans in Massachusetts
Understanding Medicare options can be challenging. In Massachusetts, seniors have access to 3 Medigap plans designed to fill the gaps in original Medicare coverage.
Health Savings Accounts and Medicare Planning
Healthcare costs continue to rise, leaving many individuals worried about how to manage their medical expenses both now and in the future. Two powerful tools in this regard are Health Savings Accounts (HSAs) and Medicare. Understanding how these tools interact can help you make informed decisions about your healthcare and financial well-being.
On Medication
Let's unravel the mysteries of prescription drug coverage for Medicare enrollees and ensure you have all the information you need to access affordable medications.
Navigating the Medicare Maze
Medicare can be complex and confusing. It can feel overwhelming just trying to understand all the options. Did you know there are local experts who help people navigate through this maze of information known as Medicare?
Medigap vs. Medicare Advantage: What’s the big deal?
Once enrolled in Original Medicare Parts A & B many people are faced with the confusing choice of whether or not to pick up either a Medicare Supplement, also known as a Medigap Plan, or a Medicare Advantage Plan.
Veterans & Medicare: Healthcare for those who served
Did you know that 1 out of every 5 Medicare beneficiaries is a veteran? Many don’t realize that enrolling in a Medicare Advantage plan will not disrupt VA coverage; in fact, it can enhance it by adding provider choices and extra benefits such as dental, transportation, and in some situations a partial Part B premium giveback.
Medicare Enrollment Periods: A couple of basics
The most frequently asked question I receive as an independent insurance agent specializing in Medicare is “When do I enroll?” In this age of technology, the amount of information available is overwhelming. The process of applying for and receiving Medicare benefits can also be overwhelming but it doesn’t have to be because independent agents, such as myself, are here to help!
Navigating the Medicare maze
Medicare can be complex and confusing. For many people, it can be extremely intimidating just trying to understand all of the available options out there. Did you know there are local experts such as myself who help people navigate through this maze of information everyone knows as Medicare?