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What Is the difference Between copayment and coinsurance?

What Is the difference Between copayment and coinsurance?

2-minute read

If you’ve never had health insurance, you might not be familiar with the difference between a copayment and coinsurance. Understanding these two terms can help you better understand your out-of-pocket expenses for the health insurance plans you’re considering so you can choose a plan that is right for your needs. Copayment and coinsurance are both […]

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  1. Medicare prescription deductibles: 3 things to check first

    Medicare prescription deductibles: 3 things to check first

    3-minute read

      Sticker shock at the pharmacy? You’re not alone. If you’ve ever wondered why your medication costs are so much, your Medicare prescription deductible could be the reason. Understanding how Medicare prescription deductibles work can help you avoid surprise costs at the pharmacy and choose the right health plan for your needs. In this article, […]

  2. Medicare Advantage premiums: What to expect in 2025

    Medicare Advantage premiums: What to expect in 2025

    6-minute read

    Curious about Medicare Advantage premiums in 2025? You know…like how much your premium will cost. Or maybe you’ve got questions about Medicare Advantage plan options, pricing and coverage. Or maybe you’ve heard some Medicare Advantage premiums are as low as $0 a month. Here’s the thing…Medicare Advantage premiums can vary widely depending on the plan […]

  3. Discover the top 5 benefits of Medicare Advantage

    Discover the top 5 benefits of Medicare Advantage

    4-minute read

    Curious about the benefits of Medicare Advantage?1 If you’re turning 65 or you’re already enrolled in Medicare, you’ve likely come across Medicare Advantage plans. Fun fact: An estimated 54% of Medicare beneficiaries enroll in Medicare Advantage plans.2 More fun facts: The average Medicare beneficiary can choose from 43 different Medicare Advantage plans.2 Sounds interesting, right? […]

  4. Does Medicare cover the shingles vaccine?

    Does Medicare cover the shingles vaccine?

    3-minute read

    Does Medicare cover the shingles vaccine? It’s a good question to ask, especially if you’re older. Why? About 1 million cases of shingles (also known as the herpes zoster virus) are treated in the U.S. every year.1 About 1 in 3 adults will develop shingles in their lifetime. And most people who develop shingles are […]

  5. Dental insurance for seniors: 6 smile-friendly tips to help you pick a plan

    Dental insurance for seniors: 6 smile-friendly tips to help you pick a plan

    6-minute read

    Looking for dental insurance for seniors? If you want to keep your teeth happy as you age, you know the drill… Brush and floss daily Visit a dentist for regular checkups, cleanings, and oral healthcare needs That makes sense, right? Here’s the thing… An estimated 56% of adults age 65 and older enrolled in Medicare […]

  6. SPAP & Medicare Part D: 5 tips to get help with drug costs

    SPAP & Medicare Part D: 5 tips to get help with drug costs

    4-minute read

    Wondering if there’s a way to get help with prescription drug costs? If you have a Medicare Part D plan, you may be able to get help through state pharmaceutical assistance programs (also called SPAP). What’s an SPAP? Here’s the simple answer: SPAPs are state-funded programs designed to make prescription drugs more affordable for people […]

  7. 5 Medicare Questions to Ask When Choosing a Medicare Advantage Plan

    5 Medicare Questions to Ask When Choosing a Medicare Advantage Plan

    2-minute read

    Before you shop for or purchase a Medicare plan, make sure you know the five Medicare questions to ask to ensure that you find the best value for your needs. Not sure how to find answers? The HealthMarkets Medicare shopping experience helps makes it easy. 1. How much does a Medicare Advantage plan cost? While […]

  8. 5 questions to ask before you let your Medicare benefits auto-renew

    5 questions to ask before you let your Medicare benefits auto-renew

    4-minute read

    If you’re on Medicare, you might be glad to have enrolled in it once. And for that reason, you may never be tempted to review your plan’s coverage ever again. It would certainly be your right to do that; your benefits would simply auto-renew each year. But it may be in your best interest. It’s […]

  9. How does a Special Enrollment Period work for Medicare plans?

    How does a Special Enrollment Period work for Medicare plans?

    4-minute read

    Going through life changes? You may be able to enroll in Medicare or make changes to your plan. Learn what changes qualify.   You may have heard that you can sign up for health insurance only during a certain time of year. But when your child left their job recently, they signed up during a […]

  10. Dual eligibility: What’s it all about?

    Dual eligibility: What’s it all about?

    7-minute read

    You may be able to qualify for both Medicaid and Medicare, something known as dual eligibility. Here’s some information to help you understand. What is Medicare? What is Medicaid? What’s the difference between Medicare and Medicaid? Can I be eligible for both Medicare and Medicaid? What’s a D-SNP, exactly? What is partial dual eligibility? How […]

  11. Dental Vision Hearing insurance : what it’s all about

    Dental Vision Hearing insurance : what it’s all about

    7-minute read

    How does regular dental care keep you healthy? How does regular vision care keep you healthy? How does caring for your hearing keep you healthy? How do you get dental, vision and hearing insurance? What is a waiting period? When can you get dental, vision and hearing coverage? Original Medicare doesn’t come with dental, vision […]

  12. Here’s what to do immediately after you fall

    Here’s what to do immediately after you fall

    5-minute read

    The risk of falling increases as you age. Here’s what your next steps are — and who to call — if you’ve fallen. Plus, ways to prevent falls. Have you had an older family member fall recently? Maybe they called you after it happened. It was scary for both of you. And you might be […]

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To send a complaint to Medicare, call 1-800-MEDICARE (TTY users should call 1- 877-486-2048), 24 hours a day/7 days a week).

We do not offer every plan available in your area. Any information we provide is limited to those plans we do offer in your area. Please contact Medicare.gov, 1-800-MEDICARE, or your local State Health Insurance Program to get information on all of your options.

Attention: This website is operated by HealthMarkets Insurance Agency, Inc. and is not the Health Insurance Marketplace® website. HealthMarkets Insurance Agency, Inc. is licensed as an insurance agency nationwide except in MA. Not all agents are licensed to sell all products. Service and product availability varies by state. Sales agents may be compensated based on a consumer’s enrollment in an insurance plan. No obligation to enroll. Agent cannot provide tax or legal advice. Contact your tax or legal professional to discuss details regarding your individual business circumstances. Our quoting tool is provided for your information only. All quotes are estimates and are not final until consumer is enrolled. Medicare has neither reviewed nor endorsed this information.

HealthMarkets Insurance Agency is a licensed and certified representative of Medicare Advantage HMO, PPO and PPFS organizations and stand-alone prescription drug plans. Each of the organizations we represent has a Medicare contract. Enrollment in any plan depends on contract renewal. The plans we represent do not discriminate on the basis of race, color, national origin, age, disability, sex, sexual orientation, gender identity, or religion.

This information is not a complete description of benefits. Call the Plan’s customer service phone number for more information.

We do not offer every plan available in your area. Any information we provide is limited to those plans we do offer in your area. Please contact Medicare.gov, 1-800-MEDICARE, or your local State Health Insurance Program to get information on all of your options.

© 2024 HealthMarkets Insurance Agency. All rights reserved.

To send a complaint to Medicare, call 1-800-MEDICARE (TTY users should call 1- 877-486-2048), 24 hours a day/7 days a week).

We do not offer every plan available in your area. Any information we provide is limited to those plans we do offer in your area. Please contact Medicare.gov, 1-800-MEDICARE, or your local State Health Insurance Program to get information on all of your options.

Attention: This website is operated by HealthMarkets Insurance Agency, Inc. and is not the Health Insurance Marketplace® website. HealthMarkets Insurance Agency, Inc. is licensed as an insurance agency nationwide except in MA. Not all agents are licensed to sell all products. Service and product availability varies by state. Sales agents may be compensated based on a consumer’s enrollment in an insurance plan. No obligation to enroll. Agent cannot provide tax or legal advice. Contact your tax or legal professional to discuss details regarding your individual business circumstances. Our quoting tool is provided for your information only. All quotes are estimates and are not final until consumer is enrolled. Medicare has neither reviewed nor endorsed this information.

HealthMarkets Insurance Agency is a licensed and certified representative of Medicare Advantage HMO, PPO and PPFS organizations and stand-alone prescription drug plans. Each of the organizations we represent has a Medicare contract. Enrollment in any plan depends on contract renewal. The plans we represent do not discriminate on the basis of race, color, national origin, age, disability, sex, sexual orientation, gender identity, or religion.

This information is not a complete description of benefits. Call the Plan’s customer service phone number for more information.

We do not offer every plan available in your area. Any information we provide is limited to those plans we do offer in your area. Please contact Medicare.gov, 1-800-MEDICARE, or your local State Health Insurance Program to get information on all of your options.

© 2024 HealthMarkets Insurance Agency. All rights reserved.

To send a complaint to Medicare, call 1-800-MEDICARE (TTY users should call 1- 877-486-2048), 24 hours a day/7 days a week).

We do not offer every plan available in your area. Any information we provide is limited to those plans we do offer in your area. Please contact Medicare.gov, 1-800-MEDICARE, or your local State Health Insurance Program to get information on all of your options.

Attention: This website is operated by HealthMarkets Insurance Agency, Inc. and is not the Health Insurance Marketplace® website. HealthMarkets Insurance Agency, Inc. is licensed as an insurance agency nationwide except in MA. Not all agents are licensed to sell all products. Service and product availability varies by state. Sales agents may be compensated based on a consumer’s enrollment in an insurance plan. No obligation to enroll. Agent cannot provide tax or legal advice. Contact your tax or legal professional to discuss details regarding your individual business circumstances. Our quoting tool is provided for your information only. All quotes are estimates and are not final until consumer is enrolled. Medicare has neither reviewed nor endorsed this information.

HealthMarkets Insurance Agency is a licensed and certified representative of Medicare Advantage HMO, PPO and PPFS organizations and stand-alone prescription drug plans. Each of the organizations we represent has a Medicare contract. Enrollment in any plan depends on contract renewal. The plans we represent do not discriminate on the basis of race, color, national origin, age, disability, sex, sexual orientation, gender identity, or religion.

This information is not a complete description of benefits. Call the Plan’s customer service phone number for more information.

We do not offer every plan available in your area. Any information we provide is limited to those plans we do offer in your area. Please contact Medicare.gov, 1-800-MEDICARE, or your local State Health Insurance Program to get information on all of your options.