These box office numbers do not include the cost of production or marketing costs. They also don't count the billions in merchandising that Disney has made over the last...Entertainmentread more
Stocks in Asia traded lower on Monday morning, as investors await the start of a Nasdaq-style technology board on the Shanghai Stock Exchange.Asia Marketsread more
When Cathy Hsu and Tony Hsieh wanted to build an English language app for Chinese children, they decided to follow Facebook and Google's lead.Start-upsread more
Instagram began tests that hide "like" counts on posts. That means influencers who market products on Instagram will have to rely on different metrics to show success.Technologyread more
Peter Neupert worked for Microsoft and Amazon-backed Drugstore.com, where he got to know Jeff Bezos. He now advises start-ups.Technologyread more
The firing of the tear gas was the latest confrontation between police and protesters who have taken to the streets for over a month to fight a proposed extradition bill and...China Politicsread more
Last week shows that oil prices are not the indicator for Middle East tensions they once were, and worries about global demand and growing U.S. production has changed that...Market Insiderread more
Facebook Vice President David Marcus is the face of the company's Libra digital currency, but the original driving force was a 26-year-old female corporate-development...Technologyread more
Amazon's new policy for account suspensions doesn't go far enough to protect sellers from potentially unfair and wrongful suspensions, merchants say.Technologyread more
Gluskin Sheff's David Rosenberg is painting a painful picture for stocks as earnings season goes into full gear.Futures Nowread more
There is no end in sight to the Boeing 737 Max grounding after two fatal crashes, prompting airlines to rethink their growth plans.Airlinesread more
If that Medicare Advantage Plan you picked isn't working out, you'll be glad to know you get a do-over.
Effective this year, you get a chance between Jan. 1 and March 31 to swap it for another Advantage Plan.
"Maybe you discovered your doctor isn't in network, or your medications aren't covered, or you don't like the customer service," said Elizabeth Gavino, founder of Lewin & Gavino in New York and an independent broker and general agent for Medicare plans. "If that's the case, there could be a better option."
You also can drop your plan in favor of original Medicare, which consists of Part A (hospital coverage) and Part B (outpatient coverage). This option already was available in the past during a short early-year window.
Also possible until before March 31, but not new: If you missed your initial Medicare enrollment period and don't qualify for an exclusion, you can sign up now. In this case, coverage won't start until July 1.
Meanwhile, the current opportunity to change or drop your Advantage Plan comes just a few weeks after the close of Medicare's fall annual enrollment, when a variety of options were available for those who wanted to make changes to their coverage.
For this current period, however, there are restrictions.
For starters, you can only switch once. This means that once you move to a different Advantage Plan, it's locked in until the next fall enrollment (unless you meet an exclusion).
"There are no take-backs," Gavino said.
Additionally, you cannot switch from one stand-alone Part D prescription drug plan to another or go from original Medicare to an Advantage Plan.
If you return to original Medicare and had Part D coverage through your Advantage Plan, you need to make sure you enroll in a stand-alone prescription drug plan. This matters, because if you go 63 days without the coverage, you may face a lifelong penalty that gets tacked on to your premiums.
Also, if you switch back to original Medicare and want to get a supplemental policy (also called Medigap), you might need to be approved by the insurer, depending on where you live and exactly how long you've had your plan.
If you want to switch to a different Advantage Plan, your options largely depend on where you live.
The more rural the area, the more likely you are to have fewer choices for an Advantage Plan. In fact, 115 counties dotting the country have none available to them for 2019, according to the Kaiser Family Foundation. That's down from 149 counties without one in 2018.
However, the average person on Medicare can choose from 24 plans. For prescription drug coverage, the average beneficiary can choose from 27 stand-alone plans or 21 Advantage Plans that include the coverage for 2019.
Because this enrollment window gives you one shot to make a change, make sure you know what you're signing up for.
"I had a client call and say he wanted to be on a plan that was recommended to him by people he knew, but I looked into the plan and found it didn't cover his medication," Gavino said.
In other words, make sure that any medicine you take is on the plan's approved list and that your doctor and pharmacy are in-network.