TrOOP is the annual “Total out-of-pocket costs” and was also known before as “True out-pf-pocket costs”. In general, TrOOP includes all payments for Medications listed on your plan’s formulary and purchased at a Network or participating Pharmacy. This includes payments…
Read articleA health savings account (HSA) can provide a triple tax break: your contributions are tax-deductible (or pre-tax if through your employer). The money grows tax-deferred, and you can withdraw it tax-free for eligible medical expenses at any time. And when you turn…
Read articleMedicare and COBRA. COBRA is the temporary insurance that allows people to remain insured for 18 months (or sometimes longer) after leaving employment. It is designed to give people time to get another job or find a different health plan.…
Read articleChanging from the Marketplace to Medicare. If you have a Marketplace plan, you can keep it until your Medicare coverage starts. Find out how to end your Marketplace plan . If you like, you can keep your Marketplace plan too.…
Read articleMedicare and a Power Of Attorney. A power of attorney (POA) is a powerful tool. A medical POA is a durable power of attorney for healthcare. When you make a medical power of attorney — more commonly called a “durable power of…
Read articleDoctor Visits and Getting Medicines during Covid-19. Talk to your doctor online, by phone, or e-mail. Use telemedicine, if available, or communicate with your doctor or nurse by phone or e-mail. Talk to your doctor about rescheduling procedures that are…
Read articleHow to enroll in Medicare if you are turning 65, Most people become eligible for Medicare when they turn 65. Your Medicare enrollment steps will differ depending on whether or not you are collecting retirement benefits when you enter your Initial Enrollment Period (IEP). If…
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Star Ratings How to compare plans using the Medicare Star Rating. Part D drug plans and Medicare Advantage Plans vary greatly in terms of costs and coverage. Each January, plans can change their coverage and costs for the new calendar year. This means that…
Read articleThe Consolidated Omnibus Budget Reconciliation Act (COBRA). Allows employees and their beneficiaries the option to keepgroup health coverage at group rates temporarily, after certain qualifying events that would otherwise terminate their eligibilityfor the coverage, likely at the consumer’s own cost.…
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