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...]
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 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 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...]
Medicare help: How To File A Medicare Claim
When filing a Medicare claim it has to be filed within one calendar year following the year that the services were provided for the claim. This means, one year after you have the treatment for the health condition, you have to file a claim before that calendar year is up. For example, if you have made a physician's visit on the month of March 2009, a Medicare claim can be filed before 31st … [Read more...]
Medicare 101: How To Qualify for Medicare
Learning about medicare for the first time you could be asking yourself "How do I qualify for Medicare"? Medicare is an American healthcare system for people of the age 65 or older. It is primarily funded by employees and employers through payroll taxes, as well as, monthly premium deductions from social security checks. If you would like to know how to qualify please read the following … [Read more...]
Five Things To Know About the Medicare Donut Hole
The gap in coverage faced my many is commonly referred to as the “Medicare Donut Hole”. In recent years, options for seniors who are Medicare beneficiaries can be quite confusing, especially when it comes to supplemental coverage such as Part D, which is designed to cover prescription drugs costs. Here is a list of five things you and your family should consider when choosing the most effective … [Read more...]
Medicare Advice: Learn About Medicare Fraud
Are you tired of rising health care costs? One contributing factor is Medicare fraud. Most health care professionals who work with Medicare are honest. Unfortunately, a handful of dishonest providers and individuals cost the Medicare system millions of dollars every year. These costs are passed on to you in the form of higher co-payments and health care costs. What You Don't Know About Medicare … [Read more...]