Did you know that roughly 10,000 baby boomers are turning age 65 every day? When you are nearing Medicare eligibility the mountains of information you may start receiving in your mailbox can be daunting. Medicare is a huge rite of passage for older Americans, but being inundated with so much information and not having a keen understanding of how it all works can make the enrollment process seem overwhelming.
Topics: Medicare, Original Medicare, What is Medicare?, What is Original Medicare?, Medicare Part A, What is Medicare Part A?, Medicare Part B, What is Medicare Part B?, Medicare Part C, What is Medicare Part C?, Medicare Part D, What is Medicare Part D?, What are Medicare Advantage Plans?, what are medicare supplement plans, What are Medicare Supplements?, initial enrollment period
Medicare announced that the average basic premium for a Medicare Part D prescription drug plan in 2017 will remain fairly stable at a projected $34 a month. This new estimate represents an increase of nearly $1.50 over the average premium of $32.56 for 2016. Although Part D premiums remain relatively stable, Part D costs to continue to rise faster than any other parts of Medicare.
Topics: Part D, Medicare, Prescription Drug Plan, Annual Election Period, AEP, What is AEP?, Prescription drugs, Prescription drug plans, Medicare Part D, What is Medicare Part D?, What is Medicare?, What are Medicare Supplements?, what are medicare supplement plans, Medicare Supplement, Medicare Supplement Plans, medicare supplemental insurance, Medicare Supplements