Let’s start 2020 right, with a review of your insurance needs. I know that I always bring this up around this year, but that’s because I believe it’s so important to take a half hour or so for a quick call to review your insurance needs.
We all need insurance which means we all have premium to pay. We’ve compiled 9 top tips to reduce your premiums without sacrificing coverage.
Missing the open enrollment deadline can result in having inadequate or costly coverage. However, you may still be able to make Medicare coverage changes without waiting until 2020 (although there is no guarantee).
For stand-alone Part D prescription drug plans, the maximum allowable deductible for standard Part D plans will increase to $435 in 2020, up from $415 in 2019. The out-of-pocket threshold (where catastrophic coverage begins) will increase significantly, from $5,100 in 2019 to $6,350 in 2020 (the copay amounts for people who reach the catastrophic coverage level […]