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Medicare Eligibility and Health Savings Accounts

Medicare Eligibility and Health Savings Accounts

A Health Savings Account can be an important and effective tool to help navigate the increasing costs of medical care. Designed to help incentivize individuals toward high-deductible health plans (HDHPs), Health Savings Accounts (HSAs) provide tax-free incentives for...
An overview of Medicare periods of enrollment

An overview of Medicare periods of enrollment

When you become eligible for Medicare healthcare coverage, you only have a small timeframe to enroll. Using the time allotted to consider and subsequently enroll in coverage is imperative. The Centers for Medicare & Medicaid Services (CMS) have strict guidelines...
Legislation targets Medicare savings and enhancements

Legislation targets Medicare savings and enhancements

While navigating Medicare rules and regulations can be challenging and, in some instances, costly, recently enacted legislation offers important enhancements and potential cost savings for Medicare beneficiaries starting this year. Both the Inflation Reduction Act,...
Medicare & Medicaid – 2023 premium announcement

Medicare & Medicaid – 2023 premium announcement

Decreasing expenses provide financial relief needed to millions of Medicare beneficiaries Ahead of Medicare’s Annual Election Period (AEP), the Centers for Medicare & Medicaid Services (CMS) last month announced the 2023 Medicare Part A and Part B premiums,...
Understanding the Medicare Part D Donut Hole

Understanding the Medicare Part D Donut Hole

Nearly 50 million individuals receive prescription drug coverage through a Medicare Part D plan. As with other Medicare options, Part D plans range in cost and coverage. This means choosing the plan that best fits your unique needs may be difficult but is incredibly...