Please read below to learn about the top 10 tips for Medicare fraud prevention, from U.S. Postal Inspector Shari M. Delaney. Medicare Fraudsters contact potential victims in various ways. Person to person Via phone or fax Via the U. S. Mail TIP #10 - Be Suspicious!!! We are far too trusting, which is a good thing, but scammers use it to their advantage. "If it sounds too good to … [Read more...]
Medicare Blog
Medicare Premiums In 2013
The Medicare premiums in 2013 (for Part B) will be $104.90 per month for most individuals but if your yearly income was higher than the average American you may have to pay more. How much does Part B cost? Most people pay $104.90 for their Part B premium each month. BUT... If your modified adjusted gross income (as reported on your IRS tax return from 2 years ago) is above a certain amount, … [Read more...]
What is Medicare?
What is Medicare? Here is the Medicare Definition: Medicare is a health insurance program from the federal government that covers most people that are of the age of 65 or older. If you’re younger than 65, Medicare will cover your health care costs if you’re disabled or have End Stage Renal Disease. People covered by Medicare are called the beneficiaries of the medical insurance program. Medicare … [Read more...]
A Great Video to Help With Understanding Medicare
Are you new to Medicare? This is a great video to help you understand medicare and how it works. Understanding Medicare coverage choices can be tricky so its important to educate yourself and pick your coverage carefully. How you choose to get your benefits can affect your quality of care. If you are about to become eligible for Medicare, or just became eligible for Medicare here is a great … [Read more...]
The History Of Medicare
This history of medicare starts with the Social Security Act in 1965 establishing both the Medicare and Medicaid healthcare insurance systems. Although, both healthcare systems were governed by different offices. Medicare was the responsibility of the Social Security Administration or SSA, while the State Medicaid programs were administered and looked after by the Social and Rehabilitation Service … [Read more...]
Medicare Help: How Do I Apply For Medicare?
There are Two Ways to Apply For Medicare Apply For Medicare At your Local Social Security Office Most people do not realize that there is not a “Medicare office” where they go to get their Medicare Insurance. This is sometimes a bit confusing because, to apply for your Medicare benefit you must visit your local Social Security office. Apply for Medicare Online You may also visit this link … [Read more...]
Medicare Advice: Do I Need Medicare Insurance?
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 News: Popular Prescription Drugs That Become Generic In 2012
In Medicare news, according to US News and World Report, the following prescription drugs will go generic in 2012. Be sure to ask your pharmacist for the generic version of your drug when it becomes available as this will save you a bundle. Name Brand Prescription Drugs that become Generic in 2012: March. Lexapro (escitalopram); $2.56 billion. Used for treating depression. March. Seroquel … [Read more...]
Medicare and Health Insurance Options at Age 65
There are loads of health insurance options for people over age 65. Below we'll discuss each of them so you get a better understanding of what to look for and which type of plan might work best for you. Private Insurance Some people, over 65, have company sponsored group medical health insurance that carries over into retirement. These plans must be reviewed by a Professional Medicare Insurance … [Read more...]
Medicare News: Lipitor Price to Fall
Finally... Lipitor's patent expired on November 30, 2011. The new generic version of Lipitor is called Atorvastatin and should be available at your local pharmacy now. The pricing for this generic version will be less than the "name-brand" but, starting in June 2012, when all drug makers can start making the drug, prices should fall dramatically. By next fall, 2012, the price for generic … [Read more...]
