December 2021 Newsletter
Friends,
Do you know how a talking calculator works?
The results speak for themselves.
This week is the last week of AEP as it ends on December 7, 2021. So any changes to a drug plan or a Medicare Advantage plan needs to be done by next Tuesday, December 7.
Medicare Supplements can be changed until the end of the year for January 1, 2022 effective date.
I hope everyone has a wonderful and joyous holiday season.
Kind Regards,
Michael Antonini
What’s New
Medicare Part B Premiums
You heard about the large increase in the Medicare Part B premium to $170.10 a month in 2022.
You also saw a ton of TV commercials recently about how you can get money back in Social Security and all of these other things for “Free,” per Joe Namath.
It’s not exactly true.
In fact, we are not even allowed to say that anything is free. I say things like $0 premium, $0 co-pay as in zero dollars; not the illegal "F word." However, there is the Medicare Savings Program in CT. This program does offer state assistance to those with low incomes and I help people with this all the time. If you qualify, I can help you apply and in some cases you might be able to get $170.10 a month added back to your social security check. It’s TRUE. Here is a link to the State Program.
Ask An Expert: MSP/QMB Video with MWA
If you want my 5 minute take on the MSP program, you can watch this video.
Click here for a link to the brochure as well.
I can also help you with the application if you would like.
Important Dates
October 15- December 7 2021: Annual Election Period AEP
You can change your Medicare plan or Prescription Drug Plan to another plan or move to original Medicare and a separate Drug Plan for a January-1-2022 effective date.
I am now able to help you with your choices so please do not hesitate to call me.
Have a very Merry Christmas and a happy holiday season.