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Many of you have asked us about DuPage Medical Group (DMG) and which Medicare Advantage Plans the group participates in. While DMG has worked with a small number of plans in the past, DMG now participates in the following Medicare Advantage plans: Aetna (newest company to work with DMG) Blue Cross Blue Shield of Illinois Cigna Humana United Healthcare Please contact us if you have any questions about this.  In an effort to help you keep up with the latest information on COVID 19 and how it impacts you and your health insurance and/or Medicare plan, see the links below: Aetna Blue Cross Blue Shield of Illinois Cigna Humana United Health Care Centers for Disease Control and Prevention Medicare.gov Please contact us if you have questions about your plans.  3 advantages of using fixed indexed annuities in retirementFixed indexed annuities are often pegged as a safer way to invest in the market. As such, many financial advisers spurn the product due to its perceived inefficiencies in growing wealth when compared to straightforward investment strategies... FIAs should be compared to insurance products, not investment security products like mutual funds. They allow clients to protect the principal of their investment in the insurance product while letting the annuity be credited with growth based on certain  "...If you have Part A, you may get IRS Form 1095-B from Medicare in the early part of the year. If you don't get Form 1095-B, don't worry. Not everyone will get this form from Medicare, and you don't need to have it to file your taxes..."  Medicare Advantage open enrollment. Dates: January 1 – March 31, 2020; Your plan change takes effect the month after you submit your enrollment.  When it comes to the forecast for your Social Security benefits in 2020, there’s good news and bad news. Your Social Security checks are poised to grow next year; however, the annual increase likely won’t be as much as you got in 2019...  It's that time of year again. The yearly period when people can enroll in a health insurance plan. Open Enrollment for 2020 runs from November 1 to December 15, 2019. Outside the Open Enrollment Period, you generally can enroll in a health insurance plan only if you qualify for a Special Enrollment Period. You’re eligible if you have certain life events, like getting married, having a baby, or losing other health coverage. You can shop for plans in your area through this link (no obligation or cost). You can also enroll yourself through the Marketplace process here. If you need help or have questions, please contact me.  "The proportion of Americans without health insurance edged up in 2018 — the first evidence from the government that coverage gains under President Barack Obama’s health care law might be eroding..."  There are specific times when you can sign up for these plans, or make changes to coverage you already have.You don’t need to sign up for Medicare each year. However, each year you’ll have a chance to review your coverage and change plans...  |
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