The Inflation Reduction Act of 2022 made significant design changes to Medicare Part D effective January 1, 2025. The changes will cause an increase in the actuarial value of Medicare Part D coverage, ...

If you’re eligible for Medicare but already have health insurance, you may be wondering whether you should keep it or switch. It’s important to understand what creditable coverage means, or you may ...

As a result of the changes to Medicare Part D under §11201 of the Inflation Reduction Act of 2022, on April 1, 2024, CMS released Final Redesign Program Instructions (“Final Program Instructions”) for ...

Here are two very important questions I ask clients who are over 65, still employed, and considering Medicare enrollment. One: “Is your prescription drug coverage considered to be creditable?” The ...

Medicare, the federal health insurance program designed primarily for adults age 65 and older, can seem like an alphabet soup of parts. Medicare Part A and Part B, also known as “original Medicare,” ...

As the workforce evolves, an increasing number of Americans are choosing to remain employed beyond traditional retirement ages. Currently, as of 2023, the most recent numbers show that nearly 20% ...

You can sign up for a Medicare Part D drug plan when initially eligible for Original Medicare. There’s a 3-month period starting when your Medicare parts A and B become active. During this time, you ...

When I turned 65, I continued to work with excellent company benefits. I delayed enrolling in Part B for 5 years, after I turned 70, and retired with a Jan. 1 effective date for my Medicare Supplement ...