Medicare GEP vs. Other Enrollment Periods

Medicare GEP vs. Other Enrollment Periods

Medicare has specific enrollment periods for signing up or changing your coverage. Missing the right window can lead to penalties or delays in coverage. Here’s a quick breakdown of the key Medicare enrollment periods: General Enrollment Period (GEP): For those...
How Illinois Health Premiums Changed Since ACA

How Illinois Health Premiums Changed Since ACA

Illinois health insurance premiums have changed significantly since the Affordable Care Act (ACA) was introduced in 2010. Here’s a quick breakdown of the key points: Medicaid Expansion: Expanded coverage for low-income adults, reducing uncompensated care costs...
Illinois ACA Updates: H.B. 579 and H.B. 2296

Illinois ACA Updates: H.B. 579 and H.B. 2296

Illinois is making big changes to healthcare with two new laws: H.B. 579 and H.B. 2296. Here’s what you need to know: H.B. 579: Illinois will now run its own ACA marketplace, replacing the federal exchange. This gives the state more control over healthcare...
7 Tips for Managing Medicare Premium Taxes in Retirement

7 Tips for Managing Medicare Premium Taxes in Retirement

Want to save on Medicare premiums in retirement? Your income plays a big role in determining how much you’ll pay for Medicare Part B and Part D. If your Modified Adjusted Gross Income (MAGI) exceeds certain thresholds, you’ll face IRMAA surcharges – extra costs...