Medicare 101: The Letter At The End Of My Medicare Number Medicare Insurance Help, Education and Plans Now that you have your medicare card it's time to supplement your medicare Every beneficiary is given a Medicare number. This number is their Social Security number followed by a code. Your Medicare number is often referred to as a Medicare claim number. The letter codes at the … [Read more...]
Medicare Blog
News: Medicare Prescription Drug Gap (Donut Hole)
Medicare Update: In 2012, if you hit the prescription drug donut hole or gap, you will get a 60% discount on brand-name drugs. Every year thereafter, you will pay less for your prescription drugs in the donut hole/gap, until there is complete coverage in 2020. … [Read more...]
Medicare Plans: Income-Based Part D Premiums
Starting January 1, 2011, Part D premiums will be based on your income. This includes Part D coverage you have from a Medicare Prescription Drug Plan, a Medicare Advantage Plan or a Medicare Cost Plan that includes Medicare prescription drug coverage. If your modified adjusted gross income, as reported on your Internal Revenue Service tax return from two years ago, (the most recent tax return … [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: Medicare Prescription Drug Rebate
If you are a senior citizen, then you already know that Medicare prescription drug plans tend to be a complicated issue. For one, there are various kinds of Medicare plans. There isn’t just one plan that is right for all senior citizens. Also, depending on what kind of money you make, what kind of social security you have, and what kind of taxes you have paid, you may even have to supplement your … [Read more...]
Difference Between Medicaid and Medicare
One of the most common questions people have once they are introduced to this topic is in regards to the difference between Medicaid and Medicare. For many people, the recent health care debates have actually confused the issues more than they have cleared them up. The reason for this is that politicians, writers, and pundits on both sides of the aisle have very different opinions on health care … [Read more...]
Medicare 101: Medicare For Beginners
I think everyone could use a Medicare for beginners article. Especially after all the changes that have taken plan the last few years. If you are an American citizen or permanent resident, you are going to want to be familiar with the many benefits that are available to you. One of the greatest things about this country are all of the many services and benefits available to the citizens of this … [Read more...]
Medicare Insurance Is Now A Reality For Baby Boomers
The first wave of Baby Boomers begin turning 65 in January 2011. This means that if you are one of these Baby Boomers you will be signing up for Medicare insurance for the first time. It can be a complex and frustrating process that could cost you time and money, if you make mistakes or wrong choices. Medicare Insurance has four parts: A, B, C and D. Part A covers in-hospital stays and has … [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...]
