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AEP 2025: An AEP Like No Other

PSM Brokerage

These adjustments include a significant decrease in annual out-of-pocket expenses for prescription drugs (from $8,000 to $2,000) and introducing an option for beneficiaries to manage their Part D out-of-pocket costs through capped monthly payments on a new Medicare Prescription Payment Plan.

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How to Choose the Best Medicare Plan for 2025

P&L Financial Services

Premiums, deductibles, and out-of-pocket expenses vary depending on the plan. Maximum out-of-pocket limits: Medicare Advantage plans often have a cap on out-of-pocket expenses, which can help protect against high medical costs.

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Can You Have Private Insurance and Medicaid?

Smart Insurance Agents

Coordination of benefits between Medicaid and private insurance maximizes healthcare coverage and minimizes out-of-pocket expenses, with Medicaid typically serving as a secondary payer. Careful consideration is needed to maximize benefits and minimize out-of-pocket expenses.

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How to Prepare for Rising Healthcare Costs in 2025

P&L Financial Services

Whether it’s rising insurance premiums, higher prescription drug costs, or increased out-of-pocket expenses, retirees should anticipate adjustments. Being proactive can help offset some of these increases and protect your finances from being drained by unexpected medical bills.

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5 Essential Considerations for Insurance When Buying or Investing in Commercial Property

Jackson & Jackson

It’s not just about choosing the correct location or getting the best price; it’s also about ensuring your investment is protected from the unexpected. It protects you from claims arising from accidents or injuries on your property. Insurance plays a pivotal role in safeguarding your property and your financial future.

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Top 5 Mistakes Property Investors Make with Insurance – And How to Avoid Them

Jackson & Jackson

This article outlines the top five mistakes property investors make with insurance and provides practical tips on avoiding them, ensuring your investments are adequately protected. However, in the event of a claim, this can lead to substantial out-of-pocket expenses due to insufficient coverage limits.

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Insurance Coverage for Your Tiny House

Paragon Independent Insurance Agencies

This coverage will cover the cost of repairing your tiny home and reimburse any out-of-pocket expenses you incur as the primary owner. Towing or transportation coverage ensures your home is protected while in transit. Assessment The dimensions of your tiny house and the way you use it need to be evaluated.