We’ve had dozens of calls already this year from beneficiaries asking whether their Medicare Cost Plans are going away. The answer is: maybe, depending upon where you live. What Are Medicare Cost Plans? Private insurance companies offer Medicare Cost Plans in the same way that Medicare Advantage plans are offered. Cost Plans have been available … Continue reading Are Medicare Cost Plans Going Away?
According to government estimates, Baby Boomers are reaching age 65 at the rate of 10,000 a day. This retirement tsunami is putting pressure on all of our retirement safety nets, including Social Security, Medicare and private pensions. Many Baby Boomers have never recovered from the financial losses they incurred during the recession which began in … Continue reading How Baby Boomers Can Rescue their Retirement
Extra Coverage for Medicare in New Mexico Medicare options in New Mexico are quite plentiful. If you live in New Mexico you are able to choose any plan path you’d like, from Original Medicare by itself to a Medicare Advantage plan with drug coverage. Medicare is confusing in any state, even if Medicare says it’s … Continue reading Medicare in New Mexico
Medicare Options in New Hampshire Almost nobody knows exactly which plans to enroll in within Medicare. This is because there are so many options and types of plans that it makes it difficult for one to know which is best for them. It is no different in New Hampshire. If you tried navigating all the … Continue reading Medicare in New Hampshire
As medical technology advances, we have begun to get questions from Medicare beneficiaries wanting to know: Does Medicare cover stem cell therapy? Stem cells are part of what every organ and tissue in a person’s body is made up of. They provide certain characteristics needed for each organ or tissue to operate properly. Humans gain … Continue reading Does Medicare Cover Stem Cell Therapy?
Part D 2019 will soon be here! Every year the Centers for Medicare & Medicaid Services announces the new thresholds for Part D for the following year. It’s Medicare, not the insurance companies, that sets these parameters. This year the news is good for people who fall into the coverage gap. Here are the 4 … Continue reading Part D 2019: No Donut Hole for Brand-Name Drugs
All Medicare beneficiaries have certain periods during which their rights to purchase a Medicare supplement are protected. These are called your Medicare Supplement Guaranteed Issue Rights. These rights are different from your one-time Medicare supplement open enrollment period, during which you can purchase any Medicare supplement without underwriting So, what are guaranteed issue rights for? … Continue reading Medicare Supplement Guaranteed Issue
South Dakota Medicare beneficiaries who live in South Dakota have options to supplement their Original Medicare. Original Medicare (Parts A and B) have deductibles you must meet before they will pay for any part of your medical expenses. Part A and Part B also have co-payments and co-insurances you are also required to pay for. … Continue reading Medicare in South Dakota
The Silver Sneakers Medicare program is a very attractive benefit to many beneficiaries. It’s also attractive to many insurance companies that supplement Medicare. These insurance companies offering Medicare supplement and Advantage plans also know that fitness, wellness and prevention go along way toward reducing claims costs. That’s why many Medicare plans these days have partnerships … Continue reading Silver Sneakers Medicare Program
Does Medicare cover acupuncture? What about naturopathic doctors? More and more these days, we get calls from Medicare beneficiaries asking whether Medicare covers acupuncture or holistic medicine. As technology advances, so does our understanding of natural medicines, and many baby boomers aging into Medicare today want to have naturopathic options. But what does Medicare cover? … Continue reading Does Medicare Cover Acupuncture or Other Naturopathic Treatments?