When you have a Medicare Advantage plan they have a MOOP listed in their summary of benefits (maximum out of pocket cost) Out-of-pocket maximum/limit. The most you have to pay for covered services in a plan year. After you spend this amount on deductibles, copayments, and coinsurance, your health Read more…
Medicare Annual Open enrollment – also known as the Annual Election Period or Annual Coordinated Election period – refers to the annual period (October 15 through December 7) during which Medicare plan enrollees can reevaluate their coverage — whether it’s Original Medicare with supplemental drug coverage, or Medicare Advantage — and make Read more…
Medicare Broker, Mary Marshall will be giving an Educational Medicare event at IORA Primary Care Saturday, October 12th at 10:00 am. Check out IORA Primary Care facility as well as getting your Medicare questions answered over a cup of coffee and snacks! Please RSVP how many are coming (no names Read more…
Understanding Health Insurance terminology first will be helpful in understanding Medicare policies! Premium: A monthly payment for health insurance. If you’re fortunate enough to have employer-provided insurance, the company picks up all or part of the premium. Copay: Your copay is a predetermined rate you pay for health care services at Read more…
Mary can help you navigate your questions, including the following: Do you or your spouse still work? Were you getting “Medicaid” from the Colorado Health Exchange? Will that change turning 65? Are you overpaying for your prescription drug coverage? Should I take Medicare or my Employer plan? What is the Read more…