There are several enrollment periods for Medicare Part B. The vast majority of people enroll on their 65th birthday, at the same time enrolling in Part A. Enrolling at 65 is known as the Initial Enrollment Period (IEP.) For those still employed at age 65 and over and had group health insurance, there is a […]
In 2006 the federal Medicare Part D prescription coverage program began. Part D prescription plans are sold by private insurance companies. Depending upon where you live there are typically 20-40 different plans to choose from. Like HSA accounts, each year the federal government determines the maximum deductible allowed. In 2022 it is $480. Depending on […]
The Basics: When an individual turns 65 they typically enroll in Medicare parts A and B (hospital and doctor.) Medicare pays approximately 80% of medical expenses the average individual will incur. Enter Medicare supplement policies offered through private insurance companies such as Blue Cross and Blue Shield of Arizona. Depending on the policy selected, the […]
