Topics: Medicare, Medicare Part A, Medicare Part B, Social Security, disability, Employee Benefits, Employer Insurance, Special Enrollment Period, initial enrollment period, creditable coverage, medicare advantage, Medicare Advantage plans, Medicare Supplements, Medicare Supplement Plans, prescription drug coverage, Prescription drug plans, Medicaid, LIS, Medicare Enrollment, final expenses
While traditional pharmacies are responsible for filling common prescriptions for their patients, Compound pharmacies are different in the way that they are able to fill customized prescriptions. These pharmacies are prepared to meet a patient's specific needs by using innovative technology to manufacture prescriptions that may contain multiple drugs and alternate dosage strategies. These needs cannot be met with traditional mass market medications.
Prescription drug prices in the United States are among some of the highest in the world. This is why it is imperative that you have proper prescription drug coverage once you become eligible for Medicare. Depending on how you decide to receive your Medicare benefits, if your plan does not include Part D drug coverage, you must sign up for it separately.
In part 3 of our 6 part series on the types of Medicare Advantage plans we tackle the subject of Medicare PPO’s. PPO, or Preferred Provider Organizations, must offer all the same benefits as Original Medicare Part A and Part B. Here's a quick recap:
Topics: medicare advantage, ppo, Medicare Advantage plans, What are Medicare Advantage Plans?, Medicare Part D, What is Medicare Part D?, prescription drug coverage, Prescription drug plans, Medicare Premiums
We gave you a brief introduction into the 6 types of Medicare Advantage plans. Today in part two of our of our series we are going to share some information with you about Health Maintenance Organizations or HMO’s. Our hope is that by the time you reach the end of this blog series you find yourself more knowledgeable about the types of Medicare Advantage plans available to you so you can better become your own advocate for your healthcare needs.
Mail order and online prescription drug services have become a popular way to fill and receive prescriptions in recent years, and for several reasons. One of the advantages of online pharmacies is convenience.
Medicare can certainly be confusing! We decided to compile a list of some of the more commonly asked questions we receive through our call center, website and social media accounts and put all of the answers in one place for you here. Are there any we missed? Please let us know if there is a question (or questions) we can answer for you!
Topics: Medicare, Medicare Part A, Medicare Part B, Social Security, disability, Employee Benefits, Employer Insurance, Special Enrollment Period, initial enrollment period, creditable coverage, medicare advantage, Medicare Advantage plans, Medicare Supplements, Medicare Supplement Plans, prescription drug coverage, Prescription drug plans, Medicaid, LIS
Each year CMS (Centers for Medicare and Medicaid) measures Medicare Advantage Plans (Part C) and Part D Prescription Drug (PDP) plans to see how well they are performing. The grade each plan receives is based on a range from 1 to 5 stars, with 5 being the highest a plan can receive, and one being the lowest. Medicare scores how well the plans do in several categories and the plan is assigned one Star Rating to summarize the plan’s overall performance, as well as separate Star Ratings in each of the individual categories reviewed. Here's how:
Topics: Star Ratings, www.medicare.gov, Medicare, CMS, Medicare.gov, Medicare Part D, What is Medicare Part D?, What are Medicare Supplements?, Medicare Supplement, Medicare Supplement Plans, Medicaid, medicare advantage, Medicare Advantage plans, What are Medicare Advantage Plans?, prescription drug coverage, Prescription Drug Plan, Prescription drug plans
Each Medicare prescription drug plan has it’s own list of covered drugs called a formulary. All formularies are similar because they are based on the same federal guidelines, however they may not include the exact same medications. The federal government requires the plans to include most of the types of drugs used by Medicare beneficiaries. The difference in the drug formularies will be important to you because you will want to be certain that the prescription drugs you take will be on the plan’s list you are planning to enroll in. We break it all down here.
Topics: how medicare works, What is Medicare?, what is a formulary?, medicare formulary, Prescription drugs, discounts on prescriptions, prescription drug coverage, Prescription Drug Plan, Prescription drug plans
Have you ever wondered how a Medicare Advantage Plan works? Medicare Advantage Plans are sometimes referred to as MA/ MAPD plans or Medicare Part C. These plans are approved by Medicare but are offered by private insurance companies. Here are a few things you will need to know: