Navigating the world of Medicare can be overwhelming, especially when significant policy changes come into play. One such change is the Inflation Reduction Act, which has introduced several key updates that affect Medicare Advantage (MAPD) and Medicare Part D plans....
If you’re a high-income retiree, you’ve likely encountered IRMAA—the Income-Related Monthly Adjustment Amount that adds surcharges to your Medicare Part B and Part D premiums. And if your income has gone down or you’ve experienced a major life event, you might be...
Understanding Medicare Parts A, B, C, and D: A Comprehensive Guide Hello everyone, Matt Feret here! I’ve noticed a growing trend in my inbox lately—many of you have been reaching out with questions about Medicare, inching through the nuances that I cover...
Matt, Do I need Medicare Part D for prescriptions, or is that covered with regular Medicare? If I need Part D, how can I sign up? Lastly, when should I refill my prescriptions for next year if I’m using the Medicare Part D plan? Archie Archie, You...
Hi Matt, I’ve heard that there are benefit phases to the Medicare Part D Prescription coverage plan. Can you elaborate on what these phases are in 2023 and what they cover? Thank you! Helen B. Hello Helen! There are four benefit phases of every...
Dearest Matt, I’ve read online about a Medicare Part D plan covering prescriptions. What else does Medicare Part D cover? Thanks for your website and information; it’s very helpful! Patricia D. Hello Patricia, Medicare Part D covers most “retail”...