Understanding the ANOC (Annual Notice of Change)


Each year in September, anyone enrolled in a Medicare Advantage (Part C) or Prescription Drug (Part D) plan receives an Annual Notice of Change (ANOC). While you may be tempted to toss it with your other junk mail, this is an important piece of information you should review. The ANOC is sent by your insurance…

Read More

How to avoid the Part D penalty

Part D

Late penalties apply to two Medicare programs: Medicare Part B and Medicare Part D. Sometimes, enrolling late in either of these Parts can lead to penalties — some are even permanent. When it comes to Part D, there is a monthly penalty that can last the entire time you are enrolled in Medicare! Fortunately, there…

Read More

Open Enrollment vs. Guaranteed Issue

Do I have Guaranteed Issue?

Whether you’ve already decided on a Medicare Supplement Insurance policy or you’re still weighing your options, you need to know when is the right time to purchase your plan. There are a few key things you need to know before it’s time to enroll in Medicare Supplement Insurance. Medicare Supplement Open Enrollment Every Medicare recipient…

Read More

Annual Enrollment Period Basics

Annual Enrollment Period research

There are various Medicare enrollment periods throughout the year. Let’s go over the basics of the Annual Enrollment Period (AEP), the changes you can make during this time, and where to get help if you have questions. What is Medicare AEP? AEP is the Medicare Advantage and Prescription Drug Plan Annual Enrollment Period is also…

Read More

6 Things to Know about Medicare Networks

Doctor and Nurse discuss patient chart

Networks are often a confusing topic for beneficiaries of any type of insurance. Here are answers to six of the most common questions we receive about networks. 1. What is an HMO? HMO stands for Health Maintenance Organization. This network type is limited. If you visit a doctor, health care provider, or hospital outside of…

Read More

Medicare Part D Basics – Get to know your drug plan

What is Medicare Part D? Part D is Medicare’s prescription drug program and was designed to help cover the costs of prescriptions. It was introduced in 2003 as part of the Medicare Modernization Act and was officially available to the public in 2006. Medicare Part D includes a variety of drug plans, each covering its…

Read More

What happens if you don’t renew a Medicare plan?

Whether you deal with a chronic condition or you simply want to ensure that your future health care needs are met at the lowest possible cost, Medicare provides peace of mind for all beneficiaries. But what happens if you forget to renew your plan? Most Medicare Plans Renew Automatically Good news! Medicare plans typically renew…

Read More

Is Medicare Advantage better than Original Medicare?

People over the age of 65 often depend on Medicare to provide health insurance for the medications, medical experts, and treatments they require. Typically, those who collect Social Security benefits are automatically enrolled in a Medicare plan unless they choose to delay enrollment. There are two paths that new enrollees can take: 1) sign up…

Read More

When should I buy Medicare Supplement Insurance?

Pensive man

If you think that you would like Medicare Supplement insurance to go alongside Medicare, then you should consider purchasing it when your Medicare Supplement Insurance open enrollment time arrives. This period automatically starts the month you’re 65 and enrolled in Medicare Part B (Medical Insurance) and lasts for 6 months. During this time, an insurance…

Read More