/u/cheap_dates, as the other reply says, if you are eligible for both Medicaid and Medicare, you should look in to a Dual Eligible Special Needs Plan (D-SNP, pronounced dee-snip by people in the industry) for people that are 'dual' eligible for both programs. Regardless of your eligibility I would like to suggest the following: Please consider calling around to local insurance agencies to see if they have experience with Medicare policies or refer it to another local specialist. It does not cost you money out of pocket - the rep(s) gets paid a commission from their agency or insurance company, and you pay the same monthly premium whether you use an agent or not. You can just call around to some local insurance agencies and ask: Does your agency have an agent that specializes in health insurance and/or a Medicare specialist? (they may refer it out to another agency, that's not a bad thing) How many of the Medicare supplement companies in my county do you represent? (max in my area is ~55, my answer would be 10-15) How many of the Medicare Advantage companies in my county do you represent?
Since you mentioned about the uncertainties of healthcare, costs and Medicare supplements, I suggest seeking relevant information to tame the anxieties in your mind. List new learning as needed.
Again, their new drug that everyone is talking about just became available in the US, so all the hype has yet to show up on the balance sheets, and this their 2020 revenue doesn't reflect this. In terms of what they actually have in store, I have copy/pasted some relevant PR links form their site. Unfortunately, most of their published research is not freely available, but you can use to pirate almost anything you want to read. Even reading the titles of the links tells a pretty clear story, and it is mainly focused on their HAE treatment. (this is the important one for immediate revenues) And the good PR just keeps on going. Their anti-viral is particularly interesting too: I think it is understandable to see why people are going insane over this one. There doesn't appear to be a reason to think this won't become a $300B mega-pharma company within the year. The science is good, the money is even better, the approvals are rolling in, patients are happy - everyone is happy... I'll add a dose of reality to this equation, either the treatment comes down to the $50k-100K a year range, or they keep the price high and donate 90% of it, and regardless they will donate almost 50% of it no matter what they charge.
Most pharma companies get a price to sales ratio of around 5x, so with $5B revenue they could trade at a market cap of $5-25B, which is still a nice bump considering their current market cap is $1. 75B. If any of their other treatments pan out, of course revenue goes up. Assuming they have a successful global roll-out of their HAE drug, I think a market cap of $5B by the end of 2021 is reasonable, while revenue builds, giving them a 1 year PT of $28 assuming no share dilution. Still a large jump in share price. I bought 100 shares today, and I've been looking at 2023 leaps too. The spread on leaps are huge though. A 10c 2023 had a bid-ask of $4-$6. 50 most of the day today. This means no one wants to sell the leaps, as in they know what is coming. The most recent analysts gave a PT of $16, which has prior to a lot of the more recent PR, and I think this is why the options chain is priced as is - you have to pay for expectations. Given how long these drugs can take to make (remember that GILD'd Remdisivir takes 9 months to make), it will take a long time to ramp up production, and thus get revenue on the balance sheets.
If you became eligible for Medicare before 2020,... you may still be able to enroll in Plan F or Plan C as long as they are available in your area. 1 Plans F and G offer high-deductible plans that each have an annual deductible of $2, 370 in 2021. Once the annual deductible is met, the plan pays 100% of covered services for the rest of the year. The high-deductible Plan F is not available to new beneficiaries who became eligible for Medicare on or after January 1, 2020. 2 Plan K has an out-of-pocket yearly limit of $6, 220 in 2021. After you pay the out-of-pocket yearly limit and yearly Part B deductible, it pays 100% of covered services for the rest of the calendar year. 3 Plan L has an out-of-pocket yearly limit of $3, 110 in 2021. 4 Plan N pays 100% of the Part B coinsurance, except for a copayment of up to $20 for some office visits and up to $50 copayment for emergency room visits that don't result in an inpatient admission. + Read more Medicare Supplement Insurance plan costs Medicare Supplement Insurance plans help cover some of the out-of-pocket costs listed above, but coverage levels will vary depending on the specific Medigap plan you enroll in.
2 Plan K has an out-of-pocket yearly limit of $6, 220 in 2021. After you pay the out-of-pocket yearly limit and yearly Part B deductible, it pays 100% of covered services for the rest of the calendar year. 3 Plan L has an out-of-pocket yearly limit of $3, 110 in 2021. After you pay the out-of-pocket yearly limit and yearly Part B deductible, it pays 100% of covered services for the rest of the calendar year. 4 Plan N pays 100% of the Part B coinsurance, except for a copayment of up to $20 for some office visits and up to $50 copayment for emergency room visits that don't result in an inpatient admission. - Read less While Medigap Plan N from one insurance provider will offer the same basic benefits as Plan N from another insurance company, the costs will vary — sometimes by a lot. This is why it's important to learn how your insurer determines your Medicare Supplement Insurance plan cost. How your insurer prices your policy may not only affect what you pay today, it may affect what you pay in the future.
1 1 Posted by 6 years ago Archived 0 comments 100% Upvoted This thread is archived New comments cannot be posted and votes cannot be cast Sort by View discussions in 1 other community no comments yet Be the first to share what you think! More posts from the MedigapAdvisors community Continue browsing in r/MedigapAdvisors r/MedigapAdvisors Helping seniors make the best decisions on their Medicare needs, from Medicare supplement plans, to Medicare Advantage plans, to Part D prescriptions drugs. 99 Members 6 Online Created Feb 2, 2015 Restricted Top posts february 19th 2015 Top posts of february, 2015 Top posts 2015 help Reddit App Reddit coins Reddit premium Reddit gifts about careers press advertise blog Terms Content policy Privacy policy Mod policy Reddit Inc © 2021. All rights reserved
Home > Costs Medicare Supplemental Plans Cost Medicare Supplement Insurance plans can help cover some Medicare out-of-pocket costs, such as deductibles, copayments and coinsurance. Learn more about Medigap plans. Deciding whether Medicare Supplement Insurance (Medigap) is worth the cost is a personal decision that depends on several factors, including whether you're looking for lower monthly premium totals or lower out-of-pocket costs for your health care. To learn more, you can speak with a licensed insurance agent from who can help you evaluate your insurance needs. Let's take a moment to understand the types of costs it can help cover (and the costs it won't). Medigap can help cover some Original Medicare out-of-pocket costs Medicare Supplement Insurance plans are sold by private insurance companies and can help cover some of Original Medicare's out-of-pocket costs, such as deductibles, copayments and coinsurance. Medicare Part A and Part B deductibles Each part of Medicare has a deductible you must meet before Medicare begins paying its share for covered services.
It is highly recommended. pd-85-549-10-28-1012