2020 Medicare Costs

Medicare Card

2020 Medicare Costs

The Social Security Administration (SSA) has released its 2020 Medicare Premiums: Rules for Higher-Income Beneficiaries annual report which provides guidelines for income-adjusted Medicare drug premiums. Higher-income beneficiaries are required to pay an income-adjusted premium amount for their Part B and prescription drug coverage. This adjustment is calculated based on your

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Medicare Advantage Plans: Growth Continues Despite Looming Payment Cuts

 Medicare advantage enrollments increased 746,000 from year-end 2013 to February 2014 as beneficiaries purchased plans from top insurance companies during the Annual Enrollment Period (AEP).  Total enrollment in the Medicare Advantage program now stands at approximately 15.3 million people, which is a 5.1% increase from 2013. The insurance companies seeing

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