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Ashford Insurance

Category: Retirement

Navigating the New Medicare Part D Payment Plan: A 2025 Guide
Drugs

Navigating the New Medicare Part D Payment Plan: A 2025 Guide

The Medicare Prescription Payment Plan is a new payment option in the prescription drug law that works with your current drug coverage to help you manage your out-of-pocket costs for drugs covered by your plan by spreading them across the calendar year (January–December). Starting in 2025, anyone with a Medicare drug plan or Medicare health plan with drug coverage (like a Medicare Advantage Plan with drug coverage) can use this payment option. All plans offer this payment option, and participation is voluntary.

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Original Medicare vs. Medicare Advantage
AEP

Demystifying Medicare: Original Medicare vs. Medicare Advantage

Medicare offers a robust safety net for healthcare needs, but navigating your options can feel overwhelming. This blog post simplifies the two primary pathways: Original Medicare and Medicare Advantage plans. Let’s explore them to help you make informed decisions during the upcoming Annual Election Period (AEP) from October 15th to December 7th.

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7 Tips for Choosing a Medicare Part D Prescription Drug Plan
AEP

7 Tips for Choosing a Medicare Part D Prescription Drug Plan

Medicare Part D offers valuable prescription drug coverage for Medicare enrollees, helping to manage healthcare costs, especially during retirement. With numerous private insurance companies offering various plans, selecting the right one can be overwhelming. Each plan differs in terms of costs, coverage, and restrictions, making it crucial to carefully evaluate your healthcare needs, current medications, and budget.

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