Medicare enrollees with prescription drug plans (whether traditional Part D or as part of a Medicare Advantage plan) will have the option to pay out-of-pocket prescription drug costs in the form of capped monthly payments instead of all at once at the pharmacy. Launching January 1, 2025, this additional provision of the Inflation Reduction Act, […]
“How do I…?”
Medicare vs. Social Security When hitting life’s milestones, both celebratory and somber, our clients often question who to contact to take care of critical financial and administrative matters. Issues that impact personal health and financial security are of the utmost importance, and it can be confusing to distinguish between the realms of Medicare and Social Security. […]
Filling the (Medi)gap
Medigap (a.k.a. Medicare Supplement Health Insurance) is an extra, privately offered, individual health insurance policy that helps pay for out-of-pocket costs associated with Original Medicare. You must be enrolled in Part A and Part B. Medigap plans can help pay for: Medigap does not cover: Medigap Open Enrollment Period is a one-time event during the six […]
Aging in (Our) Place
As of the most recent US Census, Fairfield County seniors (age 65+) comprise 16% of the population. (Connecticut as a whole is the seventh oldest in the nation by median age.) Looking forward ten years, another 136,000 residents, who may have settled in Fairfield County for jobs and raising families in their 20s and 30s, […]
A1C and Me: Covered Insulin Treatments
It’s suddenly hard to avoid ads, articles and discussions about Ozempic, Mounjaro and other drugs used to treat Type 2 diabetes. As you probably know, when used in conjunction with recommended lifestyle changes, these outpatient drugs can also result in significant weight loss — a benefit for some. Medicare Part D (or a Medicare Advantage […]
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