by Neil Steinman | Nov 3, 2019 | Medicare
Every year when the new plans come out, I make a spreadsheet of all the benefits – across all the plans. It’s amazing to see how similar all the plans are to each other. The biggest differences between the plans (generally speaking) are not even the...
by Neil Steinman | Oct 20, 2019 | Medicare
The cost of the average drug plan is under $30/mo, which barely pays for 1 prescription. The Coverage Gap was meant to control drug costs and keep the program sustainable. Here’s how it works: THERE ARE 4 “STAGES” IN A DRUG PLAN: 1. Deductible2....
by Neil Steinman | Oct 6, 2019 | Medicare
IF YOU HAVE A MEDICARE ADVANTAGE PLAN: Drug coverage is already included in the plan. IF YOU GET A MEDICARE SUPPLEMENT: Drug coverage is not included. You should buy a separate drug plan. GET THE RIGHT PLAN: All drug plans are not created equal. If you’re taking...
by Neil Steinman | Apr 18, 2019 | Health Insurance, Medicare, Uncategorized
I am NOT making a political statement but rather offering food for thought based on my 20 years as a health insurance & Medicare broker. “Medicare for All” is a misnomer. Medicare as we now know it, for people 65+ years old, is not an entitlement. We’ve paid for...
by Neil Steinman | Oct 14, 2018 | ACA Health Plans, Costs & Subsidies, Health Care Sharing Plans
Since the Obamacare penalty went into effect Jan 1, 2014, lots of people have tried to figure out whether it’s cheaper to buy health insurance or pay the penalty. As a health insurance agent, many of these people have asked me to help them figure it out. I...
