What is IRMAA?
IRMAA stands for Income Related Monthly Adjustment Amount. In short, IRMAA is a potential extra charge added to your Medicare Part B or Part D premium that is determined based on your income. In ...
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Medicare Prescription Deductibles: What You Need to Know
When comparing Medicare Part D plans, it’s important to consider all the details. Medicare prescription deductibles are one of the factors that will impact the overall cost of your plan. Here’s what ...
How Seniors Can Stay Safe This Winter
Winter is a time for getting cozy indoors, catching up on books and movies, and spending time with loved ones. However, the cold, snow and ice make winter more difficult for all Minnesotans. This is ...
Do Medicare Star Ratings Matter?
What are Medicare Star Ratings? Medicare star ratings rank Medicare plans from 1 to 5 stars, with 5 being the highest. Any plan that has lower than 3 stars for three years in a row will be flagged as ...
7 Medicare Facts You May Not Know
When you’re enrolling in Medicare or choosing a new Medicare plan, it’s important to understand the options and process. However, we know that Medicare can be confusing! To make it easier, we’re ...
Does Your Medicare Advantage Plan Offer Extra Benefits?
There are many health care services that are not covered by Original Medicare. These include vision and preventative dental care, hearing aids, and prescription drug costs, among others. If you need ...
Why It’s Important to Review Your Medicare Plan Information
The Medicare Annual Election Period (AEP) runs from October 15 to December 7. This is when you can join a new Medicare plan or make changes to an existing plan. Unless you experience a qualifying ...
Understanding Coverage for Durable Medical Equipment
What qualifies as durable medical equipment? What type of durable medical equipment (DME) is covered by Medicare? How much will DME cost me? These are questions you might have when figuring out which ...
The 2022 Annual Election Period is Coming Up!
The 2022 Annual Election Period, or AEP, runs from October 15 and December 7. During AEP, Medicare recipients can change their Medicare and prescription drug plans for the following year. Even if ...
Why You Should Schedule an ANOC Meeting
There are many Medicare terms and acronyms that can be confusing, whether you’re new to Medicare or have been receiving coverage for years. The Annual Notice of Chance, or ANOC, may be one. But the ...
Who Should Buy Life Insurance?
Life insurance can be an intimidating topic. And if you’re young and healthy, it’s easy to put off. But it’s a good idea to buy life insurance plan before you may need it. There are many different ...
Will Original Medicare Meet My Coverage Needs?
Today, we’ll discuss Original Medicare in-depth. This will help you understand what it is, what type of coverage it includes, the cost of the plan, and if it fits your needs. What is Original ...
The SurePlan® Medicare System Makes Medicare Decisions Easy
Whether you’re new to Medicare or have been covered by Medicare for years, it can be confusing to sort through the options and choose a plan that meets your needs. The Twin City Underwriters’ ...
The Life Insurance Ladder Strategy
As you age and reach new life milestones – marriage, homeownership, the birth of a child, retirement – your life insurance needs will change too. This can create a challenge. You don’t want to pay for ...
What is the Medicare Donut Hole?
What is the donut hole? Will it affect me? When will that happen and how long does it last? You may have heard the phrase “Donut Hole” when it comes to Medicare. Unfortunately, this isn’t referring to ...
How to Increase Life Insurance Coverage
Has your life changed since you took out your life insurance policy? It’s very common. Perhaps you were newly married when you first signed up for insurance. Now you’re in a new home with a baby on ...
Are Skilled Nursing Services Covered by Medicare?
Whether you’re recovering from an injury, a planned medical procedure, or simply need extra care following a hospitalization, skilled nursing services can cover care needs during the transition ...
How Much Life Insurance Do I Need?
When signing up for a life insurance plan, balance is important. You want to get the right amount of coverage for your needs and goals, without overpaying for coverage you don’t need. Unfortunately, ...
Why Hospital Admittance Classification Could Impact Medicare Coverage
If you or a loved one is admitted to the hospital, whether for a routine procedure or an unexpected illness, it can be a stressful experience. Of the many details to keep track of, the patient’s ...
4 Things to Know About Permanent Life Insurance
Permanent life insurance refers to life insurance policies that do not expire. Two common insurance types that fall under this umbrella are whole and universal life insurance. If you want life ...
Tips to Avoid Medicare Fraud
It often feels like we hear about a new scam targeting seniors nearly every day. And while it’s true that Medicare fraud and similar schemes can be incredibly harmful, you can save yourself the worry ...
What Happens to Debt After Death?
When a loved one passes away, there are a lot of tasks to complete. And that’s in addition to dealing with the grief and loss you’re experiencing. One common question among surviving family members is ...
6 Tips for Filing a Medicare Appeal
Has your Medicare plan unexpectedly denied coverage for a doctor visit, medical procedure, prescription medication, supply item or hospital stay? You have the right to appeal, and for that appeal to ...
5 Reasons to Buy Life Insurance
When you’re healthy, life insurance can seem like an unnecessary expense. However, as we’ve all learned over the past year, health, safety and stability are incredibly tenuous. It only takes one ...
What is a Medicare Advantage Plan (And Do I Need One?)
What Is a Medicare Advantage Plan? A Medicare Advantage Plan offers coverage through a private company instead of through government-provided Medicare. One way to receive your Medicare Coverage is by ...
