MediLink Insurance

Friday Reading ☕ Medicare Advantage has steadily grown over the last 10 years, even with the significant headwinds it has faced. With a new incoming administration, we can expect even greater intensity. Check out the article below on what to expect ⤵️ https://lnkd.in/gXRQNcDq #Medicare #MedicareAdvantage #PDP #HealthInsurance

2025 Medicare Part A & B Premiums, Deductibles, and Part D Income Adjustments Part A Deductible and Coinsurance Amounts for Calendar Years 2025 by Type of Cost Sharing: ► Inpatient hospital deductible - $1,676 ► Daily hospital coinsurance for 61st-90th day - $419 ► Daily hospital coinsurance for lifetime reserve days - $838 ► Skilled nursing facility daily coinsurance (days 21-100) - $209.50 The standard monthly premium for Medicare Part B enrollees will be $185.00 for 2025, an increase of $10.30 from $174.70 in 2024 (income adjusted). ► The annual deductible for all Medicare Part B beneficiaries will be $257 in 2025, an increase of $17 from the annual deductible of $240 in 2024. Medicare Part D Income-Related Monthly Adjustment Amounts: A beneficiary’s Part D monthly premium is based on his or her income. Part D premiums vary by plan. Questions? Don't hesitate to reach out. #HealthInsurance #Medicare #PartA #PartB #PartD

Tuesday Reading ☕ We have a ton of changes coming to Medicare next year - Here's what to expect: 2025 will bring a rise in premiums, along with a new cap on medication costs. Right now, the details primarily surround Medicare Part D plans, with more details for A, B and C plans to be released in the coming weeks and months. https://lnkd.in/gbBQtvdD

Did you know there are TWO different Medicare enrollment periods? Here's what you need to know: 1. Annual Election Period (AEP) - Ends Dec. 7, 2024 🚨 - For ALL Medicare beneficiaries - Change plans, switch between Original - Medicare and Medicare Advantage - Changes effective January 1, 2025 2. Medicare Advantage Open Enrollment (MA OEP) - Jan. 1 - Mar. 31, 2025 🚨 - ONLY for those already in Medicare Advantage plans - Switch plans or return to Original Medicare - Changes effective the following month If you have any questions, don't hesitate to reach out. #HealthInsurance #Medicare #AEP #OEP #PDP

Happy Thanksgiving from the MediLink team. We hope everyone has a wonderful day with friends and family!

It's crazy that there are only about 2 weeks left of AEP. It feels like just yesterday we were preparing and typing this out. Let's finish strong! #Medicare #OpenEnrollment #HealthInsurance #PDP

𝗜𝗖𝗛𝗥𝗔 and why it is a 𝗚𝗔𝗠𝗘-𝗖𝗛𝗔𝗡𝗚𝗘𝗥 ICHRA allows employers to provide employees with a fixed monthly allowance to purchase individual health insurance coverage that meets their needs. Unlike traditional group plans, ICHRA gives employees more flexibility and control over their healthcare options, while also offering employers a cost-effective way to manage benefits. Key Benefits: - 𝗖𝗼𝘀𝘁 𝗣𝗿𝗲𝗱𝗶𝗰𝘁𝗮𝗯𝗶𝗹𝗶𝘁𝘆: Employers can set a fixed contribution amount, which helps them manage healthcare costs more effectively without being subject to unpredictable premium increases. - 𝗟𝗲𝘀𝘀 𝗥𝗲𝗻𝗲𝘄𝗮𝗹 𝗜𝗻𝗰𝗿𝗲𝗮𝘀𝗲𝘀: Unlike traditional group plans, where renewal rates can spike year over year, ICHRA allows employers to avoid the volatility of renewal increases, providing more stable and manageable costs over time. - 𝗧𝗮𝘅 𝗔𝗱𝘃𝗮𝗻𝘁𝗮𝗴𝗲𝘀: Both employers and employees can benefit from tax-free reimbursements, making it an efficient option for both parties. This model has the potential to drive more personalized care and greater satisfaction for employees, while also enabling employers to offer competitive benefits without the high administrative burden of traditional group insurance plans. #HealthInsurance #EmployeeBenefits #ICHRA

Happy Election Day! As Americans, we all have the right to vote. Here at MediLink Insurance, we encourage everyone to vote, no matter what your political beliefs are. Your vote matters!

Happy Election Day! As Americans, we all have the right to vote. Here at MediLink Insurance, we encourage everyone to vote, no matter what your political beliefs are. Your vote matters!

🌟 Open Enrollment is Here 🌟 It’s that time of year again! Open enrollment is your chance to make important decisions about your health coverage for the coming year. For coverage to begin in January of 2025, you must be enrolled by December 15th, 2024. If you need help understanding the fine print, or are unsure which plan is right for you, we're here to provide guidance. We're available to discuss your needs and help you navigate this critical process. Don’t miss out on the opportunity to make the best choices for your health and well-being! #HealthInsurance #OpenEnrollment #HealthCoverage