Wednesday, April 16, 2025
Medicare Part B Premium and Deductible Increases Standard Monthly Premium Increase: For 2025, Centers for Medicare & Medicaid Services (CMS) projections suggest that the standard monthly premium for Medicare Part B will rise by roughly $15 per month – moving from about $174.70 in 2024 to around $190.50. (Keep in […]
Retirees often make mistakes when first qualifying for Medicare because of confusion and lack of understanding about the enrollment process, coverage options, and timelines. Below are detailed reasons for common mistakes and suggestions for avoiding them: 1. Not Signing Up During the Initial Enrollment Period (IEP) Why It Happens: Many […]
Medigap is a supplemental insurance policy that helps cover some of the healthcare costs not covered by Medicare, such as deductibles, copayments, and coinsurance. These policies are sold by private insurance companies and are meant to complement your Medicare Part A (hospital insurance) and Part B (medical insurance). Here’s a […]
Medicare provides limited coverage for healthcare services outside the U.S. and its territories, including Guam, Puerto Rico, the U.S. Virgin Islands, and others. Here’s how the various parts of Medicare, along with Medigap, handle international travel: Medicare Part A (Hospital Insurance) and Part B (Medical Insurance) Medicare Part A and […]