Taxes on April 18th

If you are on Medicare every September,  in anticipation of the upcoming annual  Medicare enrollment period (October 15 thru December 7),  you will receive an Annual Notice of Change for all Medicare Part C insurance (HMO and PPO Plans) and Medicare Part D prescription Insurance plans.  It is VERY IMPORTANT that you read this mailing because…

Patient status (in-patient vs. out-patient) impacts how Medicare pays. Beware what billing status a hospital classifies an incoming patient because if it is as “outpatient”, which it often is, Medicare will not pay any follow-up nursing home costs, which can have a financial impact that can be devasting.  For example, a Medicare recipient recently was…

CMS reports that the average Advantage monthly premium will decrease by $1.19 in 2017.  They  also cite an increase in supplemental benefits offered by many advantage plans; like dental, vision and hearing benefits.  Enrollment is projected to increase to 18.5 million enrollees a 60% increase from year 2010.

Just a reminder that you should be as diligent when choosing a Medicare Drug Plan as you are when choosing  Medicare insurance either an Advantage plan (which includes your drug plan) or a Medicare supplement.  Drug costs continue to rise causing many Medicare drug plans to increase the tier rating for your drug along with…

As  we prepare for the upcoming 2016 Medicare season,  I noticed that the most misunderstood fact of last year continues to be that a  Medicare Advantage Plan is actually  a synonym for Medicare Part C.  You can no longer use your traditional Medicare card issued by the government when you first went on Medicare (usually…