Topics: Medicare, Medicare Part A, Medicare Part B, Social Security, disability, Employee Benefits, Employer Insurance, Special Enrollment Period, initial enrollment period, creditable coverage, medicare advantage, Medicare Advantage plans, Medicare Supplements, Medicare Supplement Plans, prescription drug coverage, Prescription drug plans, Medicaid, LIS, Medicare Enrollment, final expenses
If you were impacted by this year's natural disasters, The Centers for Medicare and Medicaid Services (CMS) announced a Special Enrollment Period (SEP) for those who have been affected by recent Federal Emergency Management Agency (FEMA) declared emergencies or major disasters. CMS has also announced an extension of the Annual Election Period (AEP) for individuals impacted by a FEMA declared emergency through December 31st, 2017. We'll go over who is eligible to apply and in one states, as well as important documents you should have during your Medicare enrollment process.
Prescription drug prices in the United States are among some of the highest in the world. This is why it is imperative that you have proper prescription drug coverage once you become eligible for Medicare. Depending on how you decide to receive your Medicare benefits, if your plan does not include Part D drug coverage, you must sign up for it separately.
Medicare is a the federal health insurance program for people aged 65 and older, certain younger people plagued by a disability, and those with End Stage Renal Disease (ESRD is permanent kidney failure that requires dialysis or a transplant). While Medicare helps qualified people with some of their medical expenses, those enrolled in Original Medicare (Part A and Part B) will still have to pay coinsurance, copayments, and deductibles for covered services. Part B also comes with a premium amount of $134 a month for the year 2017. Some essential health services and products are not covered at all. All of this could be frightening for someone on a fixed income. We are here to let you know that there are some options that may be available to Medicare beneficiaries with low incomes. Many may be eligible to receive additional help for important doctors, prescriptions and needed services.
Topics: www.medicare.gov, SLMB, Medicare, medicare advantage, Medicare Part A, Medicare Part D, low-income, Medicare Part B, Medicare Part C, QI, Extra Help, QMB, medicare solutions, Prescription drug plans
In part 3 of our 6 part series on the types of Medicare Advantage plans we tackle the subject of Medicare PPO’s. PPO, or Preferred Provider Organizations, must offer all the same benefits as Original Medicare Part A and Part B. Here's a quick recap:
Topics: medicare advantage, ppo, Medicare Advantage plans, What are Medicare Advantage Plans?, Medicare Part D, What is Medicare Part D?, prescription drug coverage, Prescription drug plans, Medicare Premiums
Diabetes is a lifelong disease that affects the way the body handles glucose, a type of sugar, in the blood. There are about 27 million people in the United States with diabetes, approximately 25% of those are people aged 60 and over. Living with diabetes as you get older can pose some unique challenges, but with proper care it can be effectively managed. Those who struggle with not only their chronic illness but also with the rising cost of prescription drugs used to treat them know that it is very important to have good prescription drug coverage.
Topics: Medicare, diabetes, Prescription drug plans, Compare Medicare Plans, What is Medicare Advantage?, What is Medicare Part B?, What is Medicare Part D?, Medicare Part B, Medicare Part D, medicare advantage, Medicare Coverage, what does medicare cover?
Mail order and online prescription drug services have become a popular way to fill and receive prescriptions in recent years, and for several reasons. One of the advantages of online pharmacies is convenience.
Medicare can certainly be confusing! We decided to compile a list of some of the more commonly asked questions we receive through our call center, website and social media accounts and put all of the answers in one place for you here. Are there any we missed? Please let us know if there is a question (or questions) we can answer for you!
Topics: Medicare, Medicare Part A, Medicare Part B, Social Security, disability, Employee Benefits, Employer Insurance, Special Enrollment Period, initial enrollment period, creditable coverage, medicare advantage, Medicare Advantage plans, Medicare Supplements, Medicare Supplement Plans, prescription drug coverage, Prescription drug plans, Medicaid, LIS
Each year CMS (Centers for Medicare and Medicaid) measures Medicare Advantage Plans (Part C) and Part D Prescription Drug (PDP) plans to see how well they are performing. The grade each plan receives is based on a range from 1 to 5 stars, with 5 being the highest a plan can receive, and one being the lowest. Medicare scores how well the plans do in several categories and the plan is assigned one Star Rating to summarize the plan’s overall performance, as well as separate Star Ratings in each of the individual categories reviewed. Here's how:
Topics: Star Ratings, www.medicare.gov, Medicare, CMS, Medicare.gov, Medicare Part D, What is Medicare Part D?, What are Medicare Supplements?, Medicare Supplement, Medicare Supplement Plans, Medicaid, medicare advantage, Medicare Advantage plans, What are Medicare Advantage Plans?, prescription drug coverage, Prescription Drug Plan, Prescription drug plans
Each Medicare prescription drug plan has it’s own list of covered drugs called a formulary. All formularies are similar because they are based on the same federal guidelines, however they may not include the exact same medications. The federal government requires the plans to include most of the types of drugs used by Medicare beneficiaries. The difference in the drug formularies will be important to you because you will want to be certain that the prescription drugs you take will be on the plan’s list you are planning to enroll in. We break it all down here.
Topics: how medicare works, What is Medicare?, what is a formulary?, medicare formulary, Prescription drugs, discounts on prescriptions, prescription drug coverage, Prescription Drug Plan, Prescription drug plans