IS ORIGINAL MEDICARE PARTS A & B ENOUGH COVERAGE FOR ME? If you are 65 or older; under 65 with certain disabilities; or any age with End-Stage Renal Disease, you qualify for Medicare. Parts A and B make up the basic Original Medicare coverage a beneficiary has. Part A (Hospital Insurance) helps cover [...]
Medicare Vision Benefits As vision expenses continue to increase, many of our clients ask us if Medicare covers vision. This is a complex question because while Medicare might cover vision in certain capacities, it fails to cover it under the most basic and routine circumstances. Original Medicare vision benefits Part B of Medicare covers some [...]
Other than the copious amounts of "ums" and "ughs" I said in this video, the key takeaway is that we are able to shop all companies, in any zip code, under various sets of criteria. This is something that a lot of so called "brokers" don't have access to. [...]
The Annual Election Period or Open Enrollment Period as people know it is approaching quickly. Down below you'll find a downloadable copy of our Annual Newsletter. If you are a client of ours, you should receive one in the mail with an updated calendar. The video to the left is a quick summarization [...]
Attained Age vs. Issue Age vs. Community Rated I get this question from time to time. Apparently several websites and forums have some literature about this that is loosely worded. It seems to lead folks to the conclusion that an Issue Age rated policy is the best. Let’s [...]
Health coverage for Medicare beneficiaries is provided by Medicare Part A, B, D and supplemental insurance plans. Medicare generally pays 80% of "approved" hospital and medical expenses and 75% of Prescription drugs costs. You must be enrolled in Medicare Part A, B & D to receive these benefits. The key word, however, is "approved." So [...]
The Two-Midnight Rule: Inpatient vs Observation Status In 2013, CMS (Medicare) promulgated the “Two-Midnight Rule", a controversial rule that costs Mississippi's Medicare beneficiaries a lot of money. This rule established time rather than medical conditions as a determining factor for whether or not a person should be admitted as an inpatient. It gives [...]
Frequently asked questions about Medicare Supplements Will my doctor accept my Medicare supplement? Yes any doctor that accepts Medicare will accept any standardized Medicare supplement plan. Will my doctor accept a Medicare Advantage Plan? Maybe and maybe not. Medicare Advantage plans have networks. Some doctors elect not to participate and may not [...]
The Medicare Part B premium will increase from $104.90 to $121.80 in 2016, but the Hold Harmless provision in the Social Security Act exempts most people from the increase because there will be no cost of living adjustment in social security next year. People who have to pay a higher premium because of their income and people who [...]
