Medicare Advantage Plans are a type of Medicare health plan offered by a private company thatcontracts with Medicare to provide all your Part A and Part B benefits. Most Medicare Advantage Plans also offer prescription drug coverage.
A Medicare Supplement (Medigap) is sold by private insurance companies and can help pay some or all of the health care costs that Original Medicare doesn’t cover. If you have Medicare and you buy a Medigap policy, Medicare will pay its share of the Medicare-approved amount for covered health care costs. Then your Medigap policy pays its share.
Prescription Drug Plan
A prescription drug plan (PDP) is one option for individuals who want to enroll in the Medicare Part D prescription drug coverage, which subsidizes the costs of prescription drugs for enrollees. A prescription drug plan (PDP) is a stand alone plan, covering only prescription drugs.
Life insurance protection comes in many forms, and not all policies are created equal. While the death benefit amounts may be the same, the costs, structure, durations, etc. vary tremendously across the types of policies. There are many important considerations that you should know about life insurance before you buy it.
Annuities can be structured according to a wide array of details and factors, such as the duration of time that payments from the annuity can be guaranteed to continue. Annuities can be created so that, upon annuitization, payments will continue as long as either the annuitant or their spouse is alive.
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