Every year around September, you’ll receive something called an Annual Notice of Change (ANOC) from your Medicare Advantage or Part D prescription drug plan. You might be tempted to toss it in the trash and think:👉 “I’ve had the same plan for years—it’s done me good.” But ignoring your ANOC could cost you important healthcare […]
When you’re turning 65 and thinking about Medicare, Part B is one of the most important pieces to understand. It covers many of the everyday health services you’ll likely use. Here’s a simple overview to help you feel confident about how Medicare Part B works. ✅ What Is Medicare Part B? Medicare Part B helps […]
When you first hear about Medicare, one of the first parts you’ll encounter is Medicare Part A—but what exactly does it cover? Here’s a quick, clear overview to help you feel more confident as you approach your 65th birthday. ✅ What Is Medicare Part A? Medicare Part A is the part of Medicare that helps […]
If you’re turning 65 and starting to look into Medicare, it can feel like a lot. You’re probably getting mailers, seeing commercials, or hearing all kinds of advice from friends and family. And if you’re feeling confused or overwhelmed—you’re not alone. At Preferred Insurance, we specialize in helping people understand Medicare without the pressure or […]
If you’re considering selling your home after the age of 63, you might want to think twice before finalizing the deal. Many retirees and seniors don’t realize that selling their homes can have significant consequences on their Medicare premiums and overall retirement finances. Understanding Medicare’s Income-Related Monthly Adjustment Amount (IRMAA) When you sell your home, […]
By Justin Wells, Preferred Insurance In the world of Medicare Supplement plans, the debate between Plan N and Plan G often takes center stage. As consumers, the plethora of options available can be overwhelming, making it difficult to discern which plan offers the best coverage for our needs and budget. Today, we’re diving deep into […]
Life has a way of presenting unexpected challenges, especially when it comes to health insurance. You’ve recently landed a job, and things are looking up. But then comes the news: you’re about to lose your Medicaid coverage. It’s a daunting thought, but there’s no need to panic. At Preferred Insurance, located in the heart of […]
Before turning 65, it’s crucial to understand Medicare and the steps necessary to enroll and choose the right plan for you. Here’s a simplified guide to help you navigate this essential milestone: 1. Mark Your Calendar: 2. Understanding Medicare: 3. Enrolling in Medicare Part B: 4. Choosing Between Original Medicare and Medicare Advantage: 5. Considering […]
Are you in a tough spot where you can’t afford health insurance, but Medicaid isn’t an option either? The Affordable Care Act (ACA) offers government assistance that could be your lifeline. Here’s what you need to know: 1. Premium Tax Credits: ACA provides Premium Tax Credits to reduce your monthly insurance premiums, making coverage more […]