Great Lakes Medicare Solutions

11/01/2021

Here are four things we encourage clients to review each Medicare Open Enrollment season:

1. Changes to your Medicare plan
2. Changes to your health
3. Changes to your Medicare MAPD or Part D plan
4. Changes to your prescription drug needs

Health care continues to be one of the largest expenses in retirement. As health care costs grow, they can consume a larger portion of your retirement budget — and you need to plan for that. Take time to consult a Medicare professional this Medicare Open Enrollment season to ensure you have the best coverage for you in 2022.

We were founded on a simple belief. That everyone should have access to quality and affordable healthcare.

At no cost, we will help you find a health plan that best suits your individual healthcare and financial needs.

10/20/2021

Since its enactment in 1965, Medicare has not covered routine dental care and half of Medicare beneficiaries (47% or 24 MILLION PEOPLE) do not have any dental coverage, as of 2019. Without dental coverage, many people on Medicare forego needed and routine dental care.

Medicare Advantage plans are the leading source of dental coverage for people with Medicare. While the scope of dental coverage varies across Medicare Advantage plans, there are some common features: virtually all Medicare Advantage enrollees have access to dental coverage as part of their plan, includes preventive benefits, and most have access to more extensive dental benefits, though cost sharing for more extensive services is typically 50% for in-network care.

Does Medicare Cover Dental?

10/13/2021

MEDICARE's Annual Enrollment starts this FRIDAY, Oct 15th.
Call me for any questions, changes or enrollment questions. We are happy to guide you through the Medicare maze with no obligation or cost.

Contact me directly: [email protected]

11/09/2020

The Centers for Medicare & Medicaid Services (CMS) has announced that the 2021 Medicare Part B standard monthly premium will increase by $3.90 from $144.60 in 2020 to $148.50 in 2021.

The annual deductible for Medicare Part B beneficiaries will increase by $5.00 from $198.00 in 2020 to $203.00 in 2021.

The Part A deductible in 2021 will increase by $76 from $1408 in 2020 to $1484 in 2021.

10/30/2020

We take the scare out of Medicare!

Call us for a FREE review of your 2021 Medicare plan options.

10/28/2020

While the Annual Enrollment Period is always important for Medicare beneficiaries to pay attention to. This year there are a lot of options for veterans to maximize their benefits for the 2021 plan year.

There are over 9 million veterans that are over the age of 65, or disabled (Medicare eligible). With their current VA benefits only covering care at VA facilities, but if they were to couple those benefits with a Medicare Advantage. They can access doctors and hospitals outside the VA system, have additional benefits for items NOT covered by Medicare, like Eyewear/Dental/OTC Benefits and more.

If you know of any veteran looking to make the most out of their options. Please encourage them to explore the Medicare Advantage plans. As always, thank you to all veterans for your service and sacrifice!

10/16/2020

Social Security announces 2021 Cost-of-living adjustment (COLA)

KEY TAKEAWAYS

Social Security and SSI recipients will see a 1.3% cost-of-living adjustment for 2021.

The average increase will be $20 per month per recipient.

Maximum earnings subject to the Social Security tax will increase to $142,800 from $137,700.
Earnings limits for working recipients increased.

Notification of your new benefit amount will take place in early December.

https://www.investopedia.com/social-security-2021-cola-of-1-3-announced-508197

10/15/2020

Get on the Road to Medicare with Sovereign Select

08/24/2020

We've seen a lot of people over 65 who are losing group health insurance and transitioning onto COBRA.

COBRA is a temporary extension of the health insurance you had while working — the same coverage, but YOU pay the employer’s share of the premiums as well as your own.

Because COBRA does not count as insurance from active employment, you will not be protected from delayed coverage and late penalties if you wait to enroll in Medicare later than you should. You should enroll in Part B immediately because you are not entitled to a Special Enrollment Period (SEP) when COBRA ends.

For free unbiased information on Medicare and the plans available to you, give us a call 262-358-8734