If you’ve applied for Medicare Part A and B you’ve got Medicare Insurance. But, you’ve still got a big gap that could create a financial hardship for you if you don’t cover that gap with additional insurance. Medicare covers 80% of your Medicare approved procedures, doctor visits, etc. But you are still responsible for 20% of all charges. That 20% isn’t a big deal if you just have to see the … [Read more...]
Medicare Advantage: Changes Per Recent Healthcare Reform Bill
One issue that is of interest to senior citizens is how the bill affects the Medicare Advantage. Unless you have been hiding under a rock for the last couple of years, you probably already know that there have been some major changes in health care in this country. Mostly this has to do with the Healthcare Reform Bill that has recently passed through congress. Needless to say, there has been a … [Read more...]
Medicare News: Under Medicare Advantage Senior Out of Pocket Costs Increase
An official from the Centers for Medicare and Medicaid Services (CMS) recently provided new analysis that shows seniors may have to spend more money for Medicare Advantage programs beginning next year as a result of provisions in the health care reform law. Richard Foster, the chief actuary for CMS, told Senate Republicans in a letter that the health care reform law will result in "less generous … [Read more...]
Medicare News: SEP – Special Election Period
Are you one of the 236,000 Private Fee for Service members, nationwide, that are losing your coverage? You now qualify for a SEP (Special Election Period). Medicare Advantage members losing their Private Fee for Service (PFFS) coverage, or other Medicare Advantage program that is leaving the area, are eligible for a SEP (Special Election Period) which allows them to move to another carrier right … [Read more...]
Changing Residences Can Impact You With the Medicare Advantage Program
It is essential that anyone with the Medicare Advantage Program makes sure to document any move, temporary or permanent. The subject of Medicare for U.S. residents can be complicated at the best of times and with the changes recently made to the health-care laws, people may find themselves either paying more or even without coverage if they are not well informed. With the increasingly aging … [Read more...]
Medicare Help: What you should know about Medicare for 2011
It's almost time for Medicare's open enrollment period for 2011 and any of you may be looking for medicare help. It will run from November 15 through the end of the year. If you have a Medicare Advantage policy or are considering Medicare Advantage, you will want to learn more about the upcoming changes. According to a Medicare help spokesperson, the information you will need to make an informed … [Read more...]
