Little known Medicare tidbits

elderly couple

Just started a Medicare Advantage plan and don’t like it?  Anyone who has enrolled into a Medicare Advantage plan for the first time can cancel their Advantage Plan and enroll into Original Medicare with a Supplement plan under the  “Trial Right”.

 

Moving to another state?   If your Medicare Advantage plan cancels coverage because of a move out of their service area, purchasing a Medicare Supplement plan with no medical questions may be possible.

 

65 and losing HSA benefits?  Losing eligibility to contribute to a Health Savings Account (HSA) because your Medicare has started?. Reminder to spend down those pretax HSA dollars to pay for Medicare premiums.

 

Comparison Shopping Worth the trouble?

A study of 2017 rates for Plan F found spreads up 174 % difference between the lowest-cost plan and the highest.


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