Raising the Age of Medicare Eligibility: A Fresh Look Following Implementation of Health Reform

Posted by:  :  Category: Medicare

Medicare by 401(K) 2012Several major deficit-reduction and entitlement reform proposals include raising Medicare’s age of eligibility from 65 to 67 as a way of improving Medicare’s solvency.  This Kaiser Family Foundation report estimates the expected effects on such a change on the federal budget, as well as on affected seniors’ out-of-pocket costs, employers, Medicaid and others in light of the major changes in coverage enacted under the 2010 health reform law. The study estimates that raising Medicare’s eligibility to 67 in 2014 would generate an estimated $5.7 billion in net savings to the federal government, but also result in an estimated net increase of $3.7 billion in out-of-pocket costs for 65- and 66-year-olds, and $4.5 billion in employer retiree health-care costs.  In addition, the study projects that the change would raise premiums by about 3 percent both for those who remain on Medicare and for those who obtain coverage through health reform’s new insurance exchanges.  The study assumes both full implementation of the health reform law and the higher eligibility age in 2014 in order to estimate the full effect of both the law and the policy proposal. In the absence of the health reform law, raising Medicare’s age of eligibility would result in an increase in the uninsured, according to other studies, as many older Americans would have difficulty finding affordable coverage in the individual market in the absence of Medicare.  With health reform, virtually all 65- and 66-year-olds would be expected to obtain alternative sources of coverage.  The study is authored by researchers from the Kaiser Family Foundation and the Actuarial Research Corporation and is available online. It is the first in a new series of Kaiser Family Foundation studies examining the effects of proposed Medicare changes on the program’s beneficiaries, the federal budget and other stakeholders. NOTE: Originally released in March 2011, this report and news release were updated in July 2011 to reflect additional provisions of the 2010 health reform law. These adjustments result in lower estimates of net federal savings and aggregate out of pocket spending attributable to raising the age of eligibility. News Release  Report (.pdf)
Source: kff.org

Video: Medicare

Your Guide to “Ending Medicare As We Know It”

I work in healthcare as a registered nurse. I see the high cost of equipment, supplies and care. It’s offensive how expensive things are. However, we’re not cleaning swimming pools here. I watched last as government workers wages in one of our American cities cut wages to minimum wage. The mayor” we don’t have the money…..” A very large portion of hospital reimmbursment comes from who? The government. So, when will the fed. Make this same decision for healthcare workers. This is a problem. Who is going to fix it. Obama? His plan is so full of details and corruption that not even the people that voted for it know what’s in it. Why would we want that? Clearly it must be fixed. We need a plan to minimized political contamination to borrow medical terminology. Politicians may have good intentions are the best people tonnage healthcare. We need some regulation to keep the market on course. But political agenda and ideology and special interest will only complicate the system and more importantly destroy our society and our great country. Let the market work it doesn’t have an agenda. When big money is involved the evil in the hearts of men will rear its ugly head. In a free society when people cease to be moral the system will collapse. This is the course we are on. It cannot be changed with government . Our government already is immoral. A righteous king is the only thing that will save us.
Source: prospect.org

Obama talks Medicare in Florida

On Friday, he will stump in Fort Myers, a solid-red city in 2008 where he was rolled by 10 percentage points. But the area has fared much better since Obama took office: the housing market has leveled out while unemployment has decreased.
Source: thehill.com

UnitedHealth: Higher Earnings Despite Pressuers On Medicare, Medicaid Business

Bloomberg: UnitedHealth CEO Says Profit Pressures Squeezing Plans UnitedHealth Group Inc., the biggest U.S. health insurer, declined after Chief Executive Officer Stephen Hemsley said profit margins are being squeezed in its Medicare and Medicaid plans. … While UnitedHealth raised its 2012 profit forecast, the company is still coping with “minimal” rate increases in Medicare, the U.S.-backed plan for the elderly and disabled, Hemsley told analysts today on a conference call. He said the Minnetonka, Minnesota-based insurer may also consider pulling out of Medicaid markets in states where rates “aren’t sustainable” (Nussbaum, 7/19).
Source: kaiserhealthnews.org

Obama v. Ryan on controlling federal Medicare spending

Softdude, everybody that see’s the numerous post that you blog on all msnbc blogs that have anything to do politics see’s that you are just a democrat pundit in sheeps skin. You better wake up to reality that this country is BROKE. The insurance industry stands to make billions on the Obama Health Care Law. Take a look at his donor list. You will see that the insurance industry big boys account for 14% of Obama’s reelection monies. At what point do you believe that people should start taking care of themselves instead of relying on others. Is it really right to take from some to give to others ? If you believe this nonsense then let me know where you live and I will come over and just take what I want. Your democrats have opened the flood gates of socialism years ago and now we/you are going to pay the price. Your democratic/socialistic ideas do work in some countries but very few. And every one of those countries do not have a military to defend themselves and of the ones that do, their military accounts for such a small number that they would not even be able to defend themselves. Socialism will never work in our society. So lets bash capitalism. Yeah lets go after those guys. Why should they have something I want. I want it too mentality. Your democrats have ruined this country. Our financial situation is due to the frand/dodd amendment which gives everybody with the american dream a home. Well that worked well. Stop living in a utopia state of mind and you might be able to start seeing a reality.
Source: nbcnews.com

Obama Says Romney Will End Medicare

President Obama begins a two-day swing through Florida and First Read reports “he’ll introduce another attack: hitting Romney on Medicare and the Ryan budget.” Per the campaign, the president “will discuss his commitment to strengthening Medicare, and a new report tomorrow that highlights the devastating impact Mitt Romney’s Medicare plan could have on the 3.4 million Floridians that rely on Medicare.” “Bottom line, per the campaign’s guidance: Obama will argue that Romney — through his support for the Ryan budget plan — advocates ending Medicare ‘as we know it.'” Jonathan Chait: “The Obama campaign’s attacks on Mitt Romney’s business record and personal finances will probably continue for a long time. But I think that, when the campaign is remembered in history, they will not be seen as the central element but rather as a prelude. The main event is going to be a fight over the priorities of the Paul Ryan budget.”
Source: politicalwire.com

Medicare Beats Private Plans for Patient Satisfaction: Survey

As the U.S. government considers proposals to cut Medicare spending, researchers from the Commonwealth Fund, a private health-policy advocacy foundation, cautioned that the health and financial security of people on traditional Medicare plans could suffer if policy makers move them to private Medicare Advantage plans. They noted that those enrolled in these private plans are less satisfied with their insurance and have more problems receiving the care they need.
Source: ivillage.com

Colorado Printable Medicaid Application Form PDF File

Posted by:  :  Category: Medicare

This is a question that can only be answered by a social worker in the state of Colorado.  That being said, there are plenty of great resources that will help individuals to do research by themselves.  There are plenty of opportunities to gain access to government help if you are willing to do a little bit of extra homework.  By accessing this link most low income individuals and families will find there are income maximums.  Remember that the maximum amount is different based upon the people living in the household and the state in which you live.
Source: jwtaxhelp.com

Video: Colorado Health Insurance | Rocky Mountain Health Plans — Rain on Wedding Day Commercial (2012)

Gerou’s Medicaid pilot program signed into law

Under the new law, Medicaid providers will submit program proposals to the Department of Health Care Policy and Financing that outline potential improvements for the state’s Medicaid payment process. DHCPF will establish trial periods for programs that show potential in streamlining administrative structures and contract management for Medicaid managed care.
Source: coloradohousegop.com

The Durango Herald
07/06/2012

Expanding Medicaid coverage is one of the key provisions of the federal health-care law upheld by the Supreme Court. But last week

Comparing Medical Insurance Quotes

Posted by:  :  Category: Medicare

MORE DIRTY TRICKS FROM YOUR SOCIALIST/MARXIST   PRESIDENT AND HIS NASTY LITTLE ADMINISTRATION HACKS by SS&SSWhen it comes to your well-being it is best to plan for the future as much as practicable. Although you could be in good shape right now, you never can tell what will happen in the future. Healthcare insurance is a way to help pay for hospital expenses, from preventative care to emergency room benefits. Medicare is one of the most popular programs, run by the US government for subjects over the age of Sixty five. Though the most basic kind of Medicare covers general outpatient and inpatient services, there may be other areas this does not cover.
Source: cuplessjoe.com

Video: Missouri Medicare Supplement Insurance Plans

Why the F Medicare Supplement Plan Works Best

First, a quick introduction is in order. The Medicare supplements plans are different from Advantage plans, the other primary option available on the market. The Advantage plans are typically less expensive on a monthly basis (if not free) but have more constraints on how care is accessed (like traditional HMO s) and share more medical costs that are incurred as a trade off. This last piece is an important distinction which we ll address in more detail with our Medicare supplement versus Advantage article, but let s stay with Medicare Supplemental plans for now. The supplements in a nutshell, fill in the holes of traditional Medicare with the deductibles (physician and hospital) plus the 20 co insurance being the primary financial pitfalls of original Medicare. This filling in of the gap inherent in traditional Medicare is why these policies are interchangeably referred to as Medigap plans. There are other smaller gaps in traditional Medicare but these two, especially the 20 coinsurance can really pose a problem without supplemental coverage. The Supplement s coverage increase from alphabetically from A to K with a few letters missing in the middle. The traditional supplements run A, B, C, D, and F. These have been pretty established for decades now. Make a mental note on the F plan as that tends to be the darling of the Medigap world.
Source: articles-shop.com

How_You_Can_Get_Affordable_Supplemental_Health_Care_Insurance_For_Seniors

Many health insurance companies offer affordable supplemental health care insurance policies that are perfect for seniors; however, Medicare offers several affordable supplemental health care insurance policies for seniors as well. When choosing an affordable supplemental health care insurance plan for seniors, the goal is to choose a plan that isn’t going to cost anymore than paying for the additional health care costs out-of-pocket would cost. Many seniors are on limited incomes as it is, so considering one of the plans Medicare offers is a good start.
Source: theuninews.com

Medigap Vs. Advantage plans

All of this makes Medicare Advantage plans sound much more attractive than traditional Medicare, but the reality is lots of people don’t like the access to care they get from Medicare Advantage plans. Researchers from the Commonwealth Fund, a nonprofit foundation that promotes better health care, found that 15 percent of  people with Medicare Advantage policies rated their insurance as fair or poor. That is more than double the number of dissatisfied Medicare/Medigap plan participants — just 6 percent of those with traditional Medicare coverage and Medigap plans rated their coverage as fair or poor.
Source: bankrate.com

Extra Benefits Of Medicare Supplemental Plans

The health insurance is very nice option for moving from one insurance company to another. It provides the many benefits of enhanced coverage not provided by the existing insurer and provides to the unsatisfied to switch. Recently, supplemental health programs are very good plans to the senior citizens and aged people, who would like to be more protective for themselves. Medicare Plans are the most effective plans to cover the plans and reduce your cut of pocket costs. This is very good plan to secure your life as well as you will get different kinds of benefits and features. It is well known plan to keep health protected and safe. This is very life time protective plan. Medicare Supplement Comparison enables you to find out the right plan is very good plan to secure your life and make you more comfortable and convenient. Therefore, you should think properly before taking any insurance plan, but this is very good plan for senior citizens.  
Source: ezinemark.com

High Deductible Medicare Supplement Plan F

The Medicare supplemental insurance policy labeled high deductible Plan F is a standard plan F plan with a $2070 dollar yearly deductible and a significantly less monthly premium.  When choosing a form of Medicare insurance there are two common alternatives, they are:  Medicare A and B with a Medigap insurance policy or a Medicare Advantage plan.  A Medigap policy is the most popular alternative of these choices.  Once you have decided that a supplemental insurance policy is the best option for your health care needs the choice of which supplement policy comes next.  The Medicare Supplement Plan F is the Medigap policy with the most benefits and provides the best protection from medical bills.  A sometimes forgotten alternative to the plan F is the High Deductible Plan F.  The high F provides the exact same benefits as a standard F plan except it has a $2076 dollar yearly deductible.  The High F plan can be a less costly alternative for individuals that are in good health.
Source: medicare-supplement-advisor.org

MedicareSupplementPlans.com Connects Consumers With the Best Medicare Supplement Insurance Plan Offers

With the ever-increasing costs of medical care, even Medicare coverage can leave too many unpaid medical bills for the typical consumer to afford. Although Medicare was once considered an effective way to meet the medical care costs of older Americans and people with disabilities, today it simply isn’t enough, which leaves consumers seeking Medicare supplement insurance plans to cover additional costs. MedicareSupplementPlans.com recently launched its redesigned website to provide greater support, in-depth information and quotes for the best Medicare supplement insurance plans available. Also known as Medigap, Medicare supplement insurance plans are private health insurance plans designed to pay some of the health care costs not covered by Medicare, such as co-payments, co-insurance and deductibles. Visitors to MedicareSupplementPlans.com can simply fill out the form available on the site’s landing page to find and compare the best Medicare supplement insurance plans and rates from all of the top insurance companies. After filling out the form and clicking Get Quote, a licensed Medicare supplement insurance agent follows-up with a no pressure, free insurance quote with detailed information about plan options and benefits to meet individualized needs. “The advantage of choosing a supplemental Medicare insurance plan over Medicare Select or Medicare Advantage is that with a Medigap plan you have absolutely no network restrictions; in other words you can go anywhere for your health care as long as the provider accepts Medicare,” explained a MedicareSupplementPlans.com spokesperson. The site connects consumers with highly trained licensed agents. The agents help consumers cut through the jargon so they can select the plan that is most appropriate for them at the best possible price. The site offers a whole host of reference material with brochures, rates and applications for the top suppliers available to download. To assist consumers in choosing the correct plan the site offers a detailed but simple to follow Medicare supplement insurance plan benefit comparison chart. The chart details the benefits of different Medigap policies so consumers can quickly identify which plan is appropriate for their circumstances. Editorialized content accompanies the chart guiding consumers through the technicalities of the policies. About MedicareSupplementPlans.com MedicareSupplementPlans.com is Health and Life Insurance Services, LLC, one of California’s largest independent insurance agencies specializing in the best Medicare supplement insurance plans from leading brands. Visitors to the site can easily access comparison quotes, full customer service and detailed information about Medicare supplement insurance plans, as well as in-depth editorial content to guide them through the decision-making process. Learn more at http://www.medicaresupplementplans.com
Source: sbwire.com

Medicare Supplemental Insurance, Plan for every common individual

Medicare supplement insurance plans are extremely advantageous especially for those who want instant and quality medical facilities during emergency times. Medical expenses are increasing with every single day and so is the standard of healthcare facilities, thanks to the rising health technology. Often, most people overlook the advantages of Medicare cover, even the most educated ones but it is essential that one should keep it on priority list. Having a good health care indemnity plan gives valuable support to both family and patient. People with chronic disabilities must have a good Medicare protection so as to receive best medical facilities without facing difficult procedures. It is completely a misconception of people that only old aged people should go with Medicare insurance. It is always advised that one should pick up Medicare indemnity immediately after the 30 years of age.
Source: blogspot.com

Comparing Medical Insurance Quotes

Posted by:  :  Category: Medicare

MORE DIRTY TRICKS FROM YOUR SOCIALIST/MARXIST   PRESIDENT AND HIS NASTY LITTLE ADMINISTRATION HACKS by SS&SSWhen it comes to your well-being it is best to plan for the future as much as practicable. Although you could be in good shape right now, you never can tell what will happen in the future. Healthcare insurance is a way to help pay for hospital expenses, from preventative care to emergency room benefits. Medicare is one of the most popular programs, run by the US government for subjects over the age of Sixty five. Though the most basic kind of Medicare covers general outpatient and inpatient services, there may be other areas this does not cover.
Source: cuplessjoe.com

Video: Medicare Supplemental Insurance Comparison

Medicare Supplement Plans

Start by adding your zip code on the senior Medicare supplements page and compare free quotes from a list of  carefully selected insurance companies.  We aren’t talking small companies you’ve never heard of …… we are talking AARP Anthem Blue Cross just to name a couple.  
Source: peanutbutterandwhine.com

Extra Benefits Of Medicare Supplemental Plans

The health insurance is very nice option for moving from one insurance company to another. It provides the many benefits of enhanced coverage not provided by the existing insurer and provides to the unsatisfied to switch. Recently, supplemental health programs are very good plans to the senior citizens and aged people, who would like to be more protective for themselves. Medicare Plans are the most effective plans to cover the plans and reduce your cut of pocket costs. This is very good plan to secure your life as well as you will get different kinds of benefits and features. It is well known plan to keep health protected and safe. This is very life time protective plan. Medicare Supplement Comparison enables you to find out the right plan is very good plan to secure your life and make you more comfortable and convenient. Therefore, you should think properly before taking any insurance plan, but this is very good plan for senior citizens.  
Source: ezinemark.com

Medigap Vs. Advantage plans

All of this makes Medicare Advantage plans sound much more attractive than traditional Medicare, but the reality is lots of people don’t like the access to care they get from Medicare Advantage plans. Researchers from the Commonwealth Fund, a nonprofit foundation that promotes better health care, found that 15 percent of  people with Medicare Advantage policies rated their insurance as fair or poor. That is more than double the number of dissatisfied Medicare/Medigap plan participants — just 6 percent of those with traditional Medicare coverage and Medigap plans rated their coverage as fair or poor.
Source: bankrate.com

View And Compare Medicare Supplement Insurance Online

Online Medicare Supplement Insurance help is never farther than a click or phone call away. Thankfully it is easier than ever to maneuver through the maze of Medicare Part A and Part B as well as the many Medigap plans used to fill in the holes. The first step when taking the leap into the world of Medicare is to find out as much as you can about what is covered and what is not by Medicare Part A and Part B. When it comes to taking the leap into gap insurance online advisors will guide you through what is available and help shop the Medigap market to find the best premiums that you qualify for. As rates change each year you will want to contact your online Medicare Supplement Insurance provider to get updates on lower rates from other Medigap Insurance providers. An online advisor is helpful in helping determine exactly what gap insurance program you should enroll in according to prior history and current lifestyle. An over view to Medicare Supplement Insurance plans will give clients the most basic look into the different plans available. A sample of the Supplement Insurance Plans Medicare has to offer is listed below. You can see just from glancing below how vary different the coverage is and why it is important to determine which plan is best on an individual basis. Medicare Supplement Plan F Medigap Plan F is the most comprehensive supplement plan available for 2012. 100% of the gaps left by Medicare Part A and Part B are covered under Plan F. Individuals are free to see any doctor or specialist, who accepts Medicare, without needing a referral. This plan allows individuals to pay nothing out of pocket for any Medicare approved expense. Plan F is the most widely used plan for Medicare participants.
Source: zsnare.com

Medicare Supplement Quotes, When Should You Get Them?

If you think you are healthy enough to not require more coverage than Medicare Part A, you should know that not gettting your Medicare Supplement Quotes now will mean paying a penalty later. For instance, lets say you choose to not but any Medicare Supplement Plan until you are 70. Then when you do get your Medicare Supplement Quotes, you will need to pay 50% more premium (10% per year since you turned 65) than your peers. 
Source: benepath.com

Medicare supplement insurance company gets fined for overcharging for a Medicare supplement policy.

Posted by:  :  Category: Medicare

MORE DIRTY TRICKS FROM YOUR SOCIALIST/MARXIST   PRESIDENT AND HIS NASTY LITTLE ADMINISTRATION HACKS by SS&SSOne of the items that is reviewed is the medical claims as compared to incoming revenue from premiums paid by clients. This helps the department understand if the insurance company is requesting excessive increases.  Should it be determined that the insurance company is requesting excessive rate increases the DoI can reject the request and/or let them know what they feel is a more satisfactory percentage increase.
Source: gomedigap.com

Video: Medicare Supplement Insurance

Medicare Supplement Plans

Start by adding your zip code on the senior Medicare supplements page and compare free quotes from a list of  carefully selected insurance companies.  We aren’t talking small companies you’ve never heard of …… we are talking AARP Anthem Blue Cross just to name a couple.  
Source: peanutbutterandwhine.com

NEW TO MEDICARE!! WHAT ARE MY OPTIONS »

Step #1:  Decide if you want “Original Medicare” or a Medicare Advantage plan.  Talk to your doctor and see which plan he/she recommends.  Many doctors are accepting “Original Medicare” and not Medicare Advantage plans.  If you have a doctor that is in the Medicare Advantage plan’s provider directory, make sure you call to verify that he/she is still accepting that particular Medicare Advantage plan.  Sometimes providers are in the directory, but stopped accepting the plan long before it went to print.  The main difference between “Original Medicare” and Medicare Advantage plans is “Original Medicare” works only with Medicare and generally, you or your supplemental coverage pay the deductibles or coinsurances.
Source: medicaretruths.com

United American Medicare Supplement Insurance Quotes

Fortunately, United American is one of those companies.  At present, they offer some of the lowest priced High Deductible F Plans across the state.  That is great for seniors who want a low priced Medicare insurance plan with a reasonable deductible.  (As of 2012, the HD Plan F deductible is $2,070 yearly.)
Source: ohioinsureplan.com

Extra Benefits Of Medicare Supplemental Plans

The health insurance is very nice option for moving from one insurance company to another. It provides the many benefits of enhanced coverage not provided by the existing insurer and provides to the unsatisfied to switch. Recently, supplemental health programs are very good plans to the senior citizens and aged people, who would like to be more protective for themselves. Medicare Plans are the most effective plans to cover the plans and reduce your cut of pocket costs. This is very good plan to secure your life as well as you will get different kinds of benefits and features. It is well known plan to keep health protected and safe. This is very life time protective plan. Medicare Supplement Comparison enables you to find out the right plan is very good plan to secure your life and make you more comfortable and convenient. Therefore, you should think properly before taking any insurance plan, but this is very good plan for senior citizens.  
Source: ezinemark.com

MedicareSupplementPlans.com Connects Consumers With the Best Medicare Supplement Insurance Plan Offers

With the ever-increasing costs of medical care, even Medicare coverage can leave too many unpaid medical bills for the typical consumer to afford. Although Medicare was once considered an effective way to meet the medical care costs of older Americans and people with disabilities, today it simply isn’t enough, which leaves consumers seeking Medicare supplement insurance plans to cover additional costs. MedicareSupplementPlans.com recently launched its redesigned website to provide greater support, in-depth information and quotes for the best Medicare supplement insurance plans available. Also known as Medigap, Medicare supplement insurance plans are private health insurance plans designed to pay some of the health care costs not covered by Medicare, such as co-payments, co-insurance and deductibles. Visitors to MedicareSupplementPlans.com can simply fill out the form available on the site’s landing page to find and compare the best Medicare supplement insurance plans and rates from all of the top insurance companies. After filling out the form and clicking Get Quote, a licensed Medicare supplement insurance agent follows-up with a no pressure, free insurance quote with detailed information about plan options and benefits to meet individualized needs. “The advantage of choosing a supplemental Medicare insurance plan over Medicare Select or Medicare Advantage is that with a Medigap plan you have absolutely no network restrictions; in other words you can go anywhere for your health care as long as the provider accepts Medicare,” explained a MedicareSupplementPlans.com spokesperson. The site connects consumers with highly trained licensed agents. The agents help consumers cut through the jargon so they can select the plan that is most appropriate for them at the best possible price. The site offers a whole host of reference material with brochures, rates and applications for the top suppliers available to download. To assist consumers in choosing the correct plan the site offers a detailed but simple to follow Medicare supplement insurance plan benefit comparison chart. The chart details the benefits of different Medigap policies so consumers can quickly identify which plan is appropriate for their circumstances. Editorialized content accompanies the chart guiding consumers through the technicalities of the policies. About MedicareSupplementPlans.com MedicareSupplementPlans.com is Health and Life Insurance Services, LLC, one of California’s largest independent insurance agencies specializing in the best Medicare supplement insurance plans from leading brands. Visitors to the site can easily access comparison quotes, full customer service and detailed information about Medicare supplement insurance plans, as well as in-depth editorial content to guide them through the decision-making process. Learn more at http://www.medicaresupplementplans.com
Source: sbwire.com

Medicare Advantage Plans Part 2

Posted by:  :  Category: Medicare

MORE DIRTY TRICKS FROM YOUR SOCIALIST/MARXIST   PRESIDENT AND HIS NASTY LITTLE ADMINISTRATION HACKS by SS&SSAlso, consider the health condition of the individual. A healthy individual could save money initially with a MA Plan due to lower premiums and fewer claims, but what about later in life? Or if currently in poor health? Then Original Medicare with a good supplement may be the way to go. The problem is that once you enroll in certain MA Plans, you can only switch plans under certain conditions. So think hard and plan ahead if at all possible – it could save you or your loved one a lot in the long run.
Source: seniorliving.net

Video: Humana Medicare Advantage Plans – Compare to 180+ Companies

Comparing Medical Insurance Quotes

When it comes to your well-being it is best to plan for the future as much as practicable. Although you could be in good shape right now, you never can tell what will happen in the future. Healthcare insurance is a way to help pay for hospital expenses, from preventative care to emergency room benefits. Medicare is one of the most popular programs, run by the US government for subjects over the age of Sixty five. Though the most basic kind of Medicare covers general outpatient and inpatient services, there may be other areas this does not cover.
Source: cuplessjoe.com

How do I Quit Medicare Advantage?

The 5-star rating system is used by Medicare to monitor plans and ensure that they meet certain quality standards.  The ratings also make it easier for someone on Medicare to compare plans based on quality and customer service. “Low performer” icons are placed next to the names of plans that have received less than three stars for the past three years.  The star rating system considers 53 quality measures, such as success in providing preventive services, managing chronic illness, and keeping consumer complaints to a minimum.
Source: ehealthinsurance.com

Elderly Found More Satisfied With Medicare Than Private Plans.

Making the right moves in choosing the best solutions for your health benefits requires a plan and strategy that is proven. Like the game of chess, each move creates a different set of challenges, decisions and obstacles to overcome. One wrong move can produce unexpected results where you may find yourself in checkmate! When it comes to health benefits, you need a friend that you can trust to coach you through the game that many individuals and businesses must conquer. Call upon Benefits Unlimited, Inc to be your friend when you are ready to win the game.
Source: benefitsunlimitedinc.com

Medicare Advantage Plans Arizona

Medicare Advantage Plans in Arizona are sold through private insurance companies approved by Medicare. While they typically offer similar benefits, there are significant differences between plans, making it well worth your time to compare a few of the providers. Basically, all Medicare Advantage Plans in Arizona must provide Original Medicare benefits (Part A and Part B). Some include extra coverage like dental or vision care and most include Part D (prescription drug coverage). There are a few different types of Medicare Advantage plans available, including HMO plans, PPO plans, Private Fee-for-Service plans and Special Needs plans. Whichever type you choose, Medicare pays a fixed amount for your care to the company providing your Medicare Advantage plan.
Source: medicareadvantageplansarizona.com

Only the First Step in Containing Health Costs

The law also promotes efficiency by generating information about cost effectiveness. A two-decade research project at Dartmouth College has shown that different parts of the country have vastly different costs for treating the same illness, without corresponding differences in outcomes. The holy grail of health economics is to figure out which treatments or ways of organizing care lead to lower costs and better results. The act sets up an institute to evaluate the effectiveness of different treatments, and includes funding for demonstration projects to tackle this question.
Source: newstonews.com

Lawmakers ask officials about Advantage plan bonus program

In letters Friday to HHS Secretary Kathleen Sebelius (PDF) and CMS Chief Actuary Richard Foster (PDF), Reps. Dave Camp (R-Mich.) and Wally Herger (D-Calif.) expressed concern about both the cost and size of the demonstration. Citing HHS actuaries, the lawmakers noted the program will increase spending by $8.3 billion over 10 years, and added that it will provide bonuses to plans that offer coverage to 90% of Medicare Advantage enrollees, according to the GAO. They then asked the health officials to provide all records related to the creation, development and implementation of the demonstration. Their inquiry has a broad scope, as it asks for all communications with the Actuaries’ office, the Office of Management and Budget, the White House, the Democratic National Committee, the Democratic Congressional Campaign Committee, the Democratic Senatorial Campaign Committee and Obama for America. Camp and Herger, who serve as chairmen of the House Ways and Means Committee and the committee’s health subcommittee, respectively, have asked Sebelius and Foster to provide them with all information and records by Aug. 3.
Source: modernhealthcare.com

Supreme Court upholds the Affordable Care Act: What does this mean for Seniors?

b. The ACA requires drug manufacturers to reduce prices for Medicare enrollees in the donut hole. Beginning in 2011, brand‐name drug manufacturers must provide a 50% discount on brand‐name and biologic drugs for Part D enrollees in the donut hole. By 2013, Medicare will begin to provide an additional discount on brand‐name and biologic drugs for enrollees in the donut hole. By 2020, Part D enrollees will be responsible for only 25% of donut hole drug costs.
Source: davidwingate.com

The Ryan/Romney Plan for Medicare is Crony Capitalism At Its Worst

Posted by:  :  Category: Medicare

Benefit Security Card .. HALF of the U.S live in households that receive government benefits (26 May 2012) ...item 2..Brevard man gets 4 years in Social Security fraud case (Jun 1, 2012 ) ... by marsmet481Based on the CBO data provided, the waste far exceeds the savings to the government. Under traditional Medicare, the government is expected to spend about $6,600 in 2022 on a typical 65-year- old, and the beneficiary is expected to spend $4,600 (all numbers in 2011 dollars). Under the Ryan proposal, a voucher for the same 65-year old would cost the government $6,600, saving the government nothing. However, the total cost of purchasing Medicare-equivalent insurance would be $16,900 – more than 50 percent higher than the $11,200 spent by the government and beneficiary combined under traditional Medicare. The difference of $5,700 represents a gift to the private sector.
Source: eclectablog.com

Video: I CAN’T TAKE THE LYING ANYMORE!! [Medicare cuts and “climate change”]

Know your Medicare rights

If you have Medicare Advantage, your plan materials describe how to get emergency care. You don’t need permission from your primary-care doctor (the doctor you see first for health problems) before you get emergency care. If you’re admitted to the hospital, you, a family member, or your primary-care doctor should contact your plan as soon as possible. If you get emergency care, you’ll have to pay your regular share of the cost, or co-payment. Then your plan will pay its share.
Source: ocregister.com

Your Guide to “Ending Medicare As We Know It”

I work in healthcare as a registered nurse. I see the high cost of equipment, supplies and care. It’s offensive how expensive things are. However, we’re not cleaning swimming pools here. I watched last as government workers wages in one of our American cities cut wages to minimum wage. The mayor” we don’t have the money…..” A very large portion of hospital reimmbursment comes from who? The government. So, when will the fed. Make this same decision for healthcare workers. This is a problem. Who is going to fix it. Obama? His plan is so full of details and corruption that not even the people that voted for it know what’s in it. Why would we want that? Clearly it must be fixed. We need a plan to minimized political contamination to borrow medical terminology. Politicians may have good intentions are the best people tonnage healthcare. We need some regulation to keep the market on course. But political agenda and ideology and special interest will only complicate the system and more importantly destroy our society and our great country. Let the market work it doesn’t have an agenda. When big money is involved the evil in the hearts of men will rear its ugly head. In a free society when people cease to be moral the system will collapse. This is the course we are on. It cannot be changed with government . Our government already is immoral. A righteous king is the only thing that will save us.
Source: prospect.org

Medigap Vs. Advantage plans

All of this makes Medicare Advantage plans sound much more attractive than traditional Medicare, but the reality is lots of people don’t like the access to care they get from Medicare Advantage plans. Researchers from the Commonwealth Fund, a nonprofit foundation that promotes better health care, found that 15 percent of  people with Medicare Advantage policies rated their insurance as fair or poor. That is more than double the number of dissatisfied Medicare/Medigap plan participants — just 6 percent of those with traditional Medicare coverage and Medigap plans rated their coverage as fair or poor.
Source: bankrate.com

Comments on “How to Avoid Medicare Land Mines”

Fourth, if you are on retiree coverage, make sure you sign up for Medicare Parts A and B because this type of employer coverage becomes secondary to Medicare Parts A and B at age 65.  Also, Schultz brings up a valid point about leaving retiree coverage which may be more expensive than Medicare, and not being able to get it back later if you change your mind.  Also, if your spouse is covered by your retiree plan and you leave the plan, your spouse will probably lose coverage.  Make sure they can get an individual plan or have another option before you leave.  If they have pre-existing health conditions that allow insurance plans to deny coverage, their only other option may be a Pre-Existing Condition Insurance Plan (PCIP) through the Affordable Care Act.  To be eligible for these PCIPs, you have to be without coverage for 6 months. 
Source: retirementeducationplus.com

Medicare Advantage Plans Part 2

Also, consider the health condition of the individual. A healthy individual could save money initially with a MA Plan due to lower premiums and fewer claims, but what about later in life? Or if currently in poor health? Then Original Medicare with a good supplement may be the way to go. The problem is that once you enroll in certain MA Plans, you can only switch plans under certain conditions. So think hard and plan ahead if at all possible – it could save you or your loved one a lot in the long run.
Source: seniorliving.net

Obama v. Ryan on controlling federal Medicare spending

Softdude, everybody that see’s the numerous post that you blog on all msnbc blogs that have anything to do politics see’s that you are just a democrat pundit in sheeps skin. You better wake up to reality that this country is BROKE. The insurance industry stands to make billions on the Obama Health Care Law. Take a look at his donor list. You will see that the insurance industry big boys account for 14% of Obama’s reelection monies. At what point do you believe that people should start taking care of themselves instead of relying on others. Is it really right to take from some to give to others ? If you believe this nonsense then let me know where you live and I will come over and just take what I want. Your democrats have opened the flood gates of socialism years ago and now we/you are going to pay the price. Your democratic/socialistic ideas do work in some countries but very few. And every one of those countries do not have a military to defend themselves and of the ones that do, their military accounts for such a small number that they would not even be able to defend themselves. Socialism will never work in our society. So lets bash capitalism. Yeah lets go after those guys. Why should they have something I want. I want it too mentality. Your democrats have ruined this country. Our financial situation is due to the frand/dodd amendment which gives everybody with the american dream a home. Well that worked well. Stop living in a utopia state of mind and you might be able to start seeing a reality.
Source: nbcnews.com

Medicare Beneficiaries More Satisfied Than Privately Insured

The study found that 8% of Medicare beneficiaries rated their coverage as “fair” or “poor,” compared with 20% of individuals who have employer-based health insurance and 33% of those who purchase their own insurance coverage. Medicare beneficiaries felt that they have better access to medical care and were less likely to report problems paying their medical bills than privately insured individuals, according to the survey (Levey, Los Angeles Times, 7/18).
Source: californiahealthline.org

Hospitals’ Readmissions Rates Not Budging

Medicare calculates readmission rates over three years. The most recent rates are based on readmissions spanning July 2008 through the end of June 2011. The Medicare data published Thursday on its Hospital Compare website showed that 19.7 percent of heart attack patients were readmitted within 30 days of discharge, a drop of only 0.1 percentage point from the previous year’s figures, which were based on the years 2007 through 2010. The data show that 24.7 percent of heart failure patients were readmitted, also a 0.1 point decrease. Pneumonia readmissions actually increased by 0.1 percentage points, to 18.5 percent of all Medicare pneumonia patients.
Source: kaiserhealthnews.org

Obama, Romney Tangle on Health Care, Jobs

Posted by:  :  Category: Medicare

It remained to be seen whether the episode would inject the volatile issue of gun rights — largely missing during the months of heated campaigning — into the election debate. Obama said his administration would support the people of Aurora and called for the nation to “come together as one American family.” Romney called the shootings “senseless violence” and called for the perpetrator to be “quickly brought to justice.”
Source: realclearpolitics.com

Video: Medicare Part D Open Enrollment Ends December 31st

Our Taxing Times: Medicare B and the Self

When you’re self-employed, filing a Schedule C or F with your 1040 or as partner in a partnership or qualified S-corporation employee, you have the ability to take health insurance premiums as an adjustment to income. Most taxpayers have to include their out of pocket health insurance premiums with their other medical expenses on the Schedule A. These expenses are first limited by 7.5% of the adjusted gross income and then what are above this “floor” are added to the other itemized deductions. The total of these deductions are compares to the return’s standard deduction and generally the taxpayer takes the higher amount. Medicare premiums have always qualified as a medical expense on the Schedule A.
Source: ourtaxingtimes.com

Review of Medicare Part D Prescription Drug Event Data for Schedule II Drugs at CVS Caremark Corporation

Caremark did not have adequate controls to (1) prevent refills and unallowable partial fills of Schedule II drugs and (2) ensure the accuracy of certain fields in the PDE records submitted for Schedule II drugs as required by Federal regulations. Of 42 judgmentally selected PDE records, 7 records represented unallowable partial fills. (There were no refills.) In addition, of 62 judgmentally selected PDE records (which included the 42 records reviewed for refills and partial fills), 24 records contained inaccurate data when compared with the supporting documentation at the pharmacies. An additional two PDE records were missing pharmacy documentation, which prevented us from determining the accuracy of the data in the records.
Source: fulltextreports.com

Imaging Cuts in Proposed 2013 Medicare Fee Schedule Rule Potentially Dangerous, Unfounded and Unnecessary

Further cuts to imaging do little, if anything to safely bend the Medicare cost curve. Imaging use in Medicare is down since 2008. Medicare spending on scans is at the same level it was in 2003. Imaging is also the slowest growing of all physician services among privately insured Americans according to the Health Care Cost Institute. A multitude of studies show that medical imaging exams are directly linked to greater life expectancy, declines in mortality rates, and are generally safer and less expensive than the invasive procedures that they replace. Scans also reduce the number of invasive surgeries, unnecessary hospital admissions and length of hospital stays.
Source: newswise.com

Insurer to Purchase Vertically Integrated Medicare Advantage Plan/Provider

Healthcare Law Blog June 10, 2011 by Sheppard Mullin Insurer to Purchase Vertically Integrated Medicare Advantage Plan/Provider By Eric Klein and Aytan Dahukey WellPoint, one of the nation’s largest health insurers, has agreed to buy CareMore for approximately $800 million. WellPoint, which holds the license for Blue Cross in California and for Blue Cross Blue Shield in several other states, is the largest American health insurer in terms of patients covered, with one in nine Americans receiving coverage for their medical care through WellPoint’s affiliated plans. CareMore, based in Downey, California, is a physician owned medical group operating Medicare Advantage plans in California, Arizona and Nevada with the majority of its membership in California. CareMore’s business model is focused on seniors and it has developed its own delivery system to complement its health plans. With a tight incorporation of employed physicians and other practitioners, 26 self-sufficient care centers clinics and well developed delivery systems, CareMore is considered one of the more vertically integrated Medicare Advantage systems in the country. With the acquisition WellPoint brings a management team on-board with significant and successful experience developing and growing Medicare Advantage business (the CEO of CareMore is one of the co-founders of PacifiCare) and also acquires a delivery system and physician network to significantly expand its MediCare Advantage business. The deal is scheduled to close by the end of 2011 and is subject to certain state and federal regulatory approvals and standard closing conditions. It will be interesting to see how this transaction is viewed by WellPoint. In some ways this may signal the beginning of a new merger and acquisition push by MediCare Advantage plans seeking to vertically integrate with physicians in light of potential changes in the reimbursement system stemming from healthcare reform. WellPoint may also see this acquisition as focused primarily on the core Medicare Advantage plans owned by CareMore with the care clinics and physician relationships viewed as secondary assets. Given the major push for integration between plans and medical groups we are witnessing in California, the former is more likely than the later. In fact, in a Wall Street Journal article published on June 9, 2011, WellPoint’s chief financial officer Wayne S. DeVeydt was quoted as saying that the acquisition was not “simply buying membership” but rather a long-term strategy to integrate physicians and clinics with WellPoint’s established plans. DeVeydt was quoted as stating that WellPoint planned to more than double CareMore’s existing clinics over the next 2 to 3 years, including expansion in New York where WellPoint has two existing plans in place. For more information, please contact Eric Klein at eklein@sheppardmullin.com or (310) 228-3728 or Aytan Dahukey at adahukey@sheppardmullin.com or (310) 228-3729.
Source: jdsupra.com

Comparing Medical Insurance Quotes

Posted by:  :  Category: Medicare

MORE DIRTY TRICKS FROM YOUR SOCIALIST/MARXIST   PRESIDENT AND HIS NASTY LITTLE ADMINISTRATION HACKS by SS&SSWhen it comes to your well-being it is best to plan for the future as much as practicable. Although you could be in good shape right now, you never can tell what will happen in the future. Healthcare insurance is a way to help pay for hospital expenses, from preventative care to emergency room benefits. Medicare is one of the most popular programs, run by the US government for subjects over the age of Sixty five. Though the most basic kind of Medicare covers general outpatient and inpatient services, there may be other areas this does not cover.
Source: cuplessjoe.com

Video: Medicare Supplemental Insurance – What’s the Best Plan for Me?

Why the F Medicare Supplement Plan Works Best

First, a quick introduction is in order. The Medicare supplements plans are different from Advantage plans, the other primary option available on the market. The Advantage plans are typically less expensive on a monthly basis (if not free) but have more constraints on how care is accessed (like traditional HMO s) and share more medical costs that are incurred as a trade off. This last piece is an important distinction which we ll address in more detail with our Medicare supplement versus Advantage article, but let s stay with Medicare Supplemental plans for now. The supplements in a nutshell, fill in the holes of traditional Medicare with the deductibles (physician and hospital) plus the 20 co insurance being the primary financial pitfalls of original Medicare. This filling in of the gap inherent in traditional Medicare is why these policies are interchangeably referred to as Medigap plans. There are other smaller gaps in traditional Medicare but these two, especially the 20 coinsurance can really pose a problem without supplemental coverage. The Supplement s coverage increase from alphabetically from A to K with a few letters missing in the middle. The traditional supplements run A, B, C, D, and F. These have been pretty established for decades now. Make a mental note on the F plan as that tends to be the darling of the Medigap world.
Source: articles-shop.com

Strategies For Purchasing Medicare Supplement Insurance coverage

Trustworthy organizations are typically very easy to get in touch with. Folks and couples can simply talk with a variety of representatives and agents that may have all the suitable alternatives and prices to provide. Take some time to appear around and study about what each and every of those providers has to offer you. This really is going to create the process go lots quicker and will show men and women where the very best medicare supplement is situated. Ensure to discover essentially the most very affordable option out there so that it truly is less difficult to have coverage all of the time. Take note of your quantity of folks which can be going to become on the policy. This can be essential and each enterprise will have different rates for couples that desire to be on exactly the same plan with each other. Discounts can even be applied, based on the business that the couple decides to sign up with. It could take slightly bit of additional time to obtain plugged into these offers so ensure that to look around at the moment.
Source: fantoffice.com

MedicareSupplementPlans.com Connects Consumers With the Best Medicare Supplement Insurance Plan Offers

With the ever-increasing costs of medical care, even Medicare coverage can leave too many unpaid medical bills for the typical consumer to afford. Although Medicare was once considered an effective way to meet the medical care costs of older Americans and people with disabilities, today it simply isn’t enough, which leaves consumers seeking Medicare supplement insurance plans to cover additional costs. MedicareSupplementPlans.com recently launched its redesigned website to provide greater support, in-depth information and quotes for the best Medicare supplement insurance plans available. Also known as Medigap, Medicare supplement insurance plans are private health insurance plans designed to pay some of the health care costs not covered by Medicare, such as co-payments, co-insurance and deductibles. Visitors to MedicareSupplementPlans.com can simply fill out the form available on the site’s landing page to find and compare the best Medicare supplement insurance plans and rates from all of the top insurance companies. After filling out the form and clicking Get Quote, a licensed Medicare supplement insurance agent follows-up with a no pressure, free insurance quote with detailed information about plan options and benefits to meet individualized needs. “The advantage of choosing a supplemental Medicare insurance plan over Medicare Select or Medicare Advantage is that with a Medigap plan you have absolutely no network restrictions; in other words you can go anywhere for your health care as long as the provider accepts Medicare,” explained a MedicareSupplementPlans.com spokesperson. The site connects consumers with highly trained licensed agents. The agents help consumers cut through the jargon so they can select the plan that is most appropriate for them at the best possible price. The site offers a whole host of reference material with brochures, rates and applications for the top suppliers available to download. To assist consumers in choosing the correct plan the site offers a detailed but simple to follow Medicare supplement insurance plan benefit comparison chart. The chart details the benefits of different Medigap policies so consumers can quickly identify which plan is appropriate for their circumstances. Editorialized content accompanies the chart guiding consumers through the technicalities of the policies. About MedicareSupplementPlans.com MedicareSupplementPlans.com is Health and Life Insurance Services, LLC, one of California’s largest independent insurance agencies specializing in the best Medicare supplement insurance plans from leading brands. Visitors to the site can easily access comparison quotes, full customer service and detailed information about Medicare supplement insurance plans, as well as in-depth editorial content to guide them through the decision-making process. Learn more at http://www.medicaresupplementplans.com
Source: sbwire.com

Basics You Should Know About Medicare Health Insurance

Health insurance is a maze. It is often hard to maneuver and completely understand the ins and outs. With Medicare and available supplemental plans there are many online comparisons available to help individuals select a plan that will work with their situation. Many times people want information on paper and then seek out assistance from an advisor who is able to help them compare the plans and rates with real life examples and situations. These advisors have one sole purpose and that is to match the right Medicare supplement policy at the right price with Medicare eligible participants. To them the company that the individual purchase the policy from is not as big of an issue and they can help you see through the glitz of private insurance companies and keep the focus on coverage and rates.
Source: article-search-engine.com

Best Medicare Supplement Insurance Plans

Every Medicare supplemental plan must follow federal and state laws designed to protect you. Medicare supplement plan insurance companies can only sell you a “modernized” Medicare supplemental plan identified by letters A through N. Each modernized Medicare supplemental plan must offer the same basic benefits, no matter which insurance company sells it.
Source: wordpress.com

Medigap Vs. Advantage plans

All of this makes Medicare Advantage plans sound much more attractive than traditional Medicare, but the reality is lots of people don’t like the access to care they get from Medicare Advantage plans. Researchers from the Commonwealth Fund, a nonprofit foundation that promotes better health care, found that 15 percent of  people with Medicare Advantage policies rated their insurance as fair or poor. That is more than double the number of dissatisfied Medicare/Medigap plan participants — just 6 percent of those with traditional Medicare coverage and Medigap plans rated their coverage as fair or poor.
Source: bankrate.com

How to Choose the Best Medicare Supplemental insurance Indiana

In searching for your Medicare Supplemental insurance Indiana, there are some things that you have to watch out for. For example, some insurance agents might trick you to believe that you can get a better insurance coverage if you pay more for Plan A which is the basic coverage. You must always remember that these plans are regulated, therefore each of these plans have the same coverage even if they are from different insurance companies and no matter how much money you pay for them. The most ideal thing that you can do is to look for a plan which has a premium that suits you the best.
Source: group-insurance.net

Health Insurance Call Volume Increasing: Best Practices to Achieve Success

Baby Boomers: Beginning on January 1, 2011, more than 10,000 baby boomers will reach the age of 65 every day through 2030. More baby boomers will contact your call center with questions about the coordination of Medicare and supplemental coverage. They may have concerns about being able to afford coverage. They may need advice about the best plan to cover their medical needs.
Source: business2community.com

Extra Benefits Of Medicare Supplemental Plans

The health insurance is very nice option for moving from one insurance company to another. It provides the many benefits of enhanced coverage not provided by the existing insurer and provides to the unsatisfied to switch. Recently, supplemental health programs are very good plans to the senior citizens and aged people, who would like to be more protective for themselves. Medicare Plans are the most effective plans to cover the plans and reduce your cut of pocket costs. This is very good plan to secure your life as well as you will get different kinds of benefits and features. It is well known plan to keep health protected and safe. This is very life time protective plan. Medicare Supplement Comparison enables you to find out the right plan is very good plan to secure your life and make you more comfortable and convenient. Therefore, you should think properly before taking any insurance plan, but this is very good plan for senior citizens.  
Source: ezinemark.com

Ensuring You Have The Coverage You Need

Posted by:  :  Category: Medicare

Gravel MediGap by Mike Licht, NotionsCapital.comPurchasing health care coverage is one of the most daunting tasks. Navigating through health insurance companies, choosing coverage and ensure you have received the best coverage at the best price, with the best service. This is all a bit overwhelming. It doesn’t get any easier dealing with Medigap supplement insurance plans either. There are a number of policies to choose from and a variety of private insurance companies willing to sell you the coverage. This makes it all the more frustrating when seeking out coverage that makes since to fill in the gaps left by your Medicare Part A and Part B coverage. Medicare is government sponsored insurance for seniors who are eligible and have reached the age of sixty-five. You can also become eligible for Medicare if you are under sixty-five and become permanently disabled. The one issue that arises with Medicare coverage is that it does not cover everything. To fill in these holes the government has come up with supplemental insurance policies that can be purchased on an individual basis. These plans are meant to fill in the gaps that Medicare Part A, hospital insurance, and Medicare Part B, medical insurance, leave behind. Medigap is the policies that are put into place to fill in the gaps in health care expenses left behind by Medicare. Medigap plans are private and are offered by a variety if insurance companies. These policies pay for the minor details that add up quickly for seniors living on a set income. Items such as co-pays, hospital stays and deductibles are not covered with Medicare. What happens in an ideal situation is that Medicare covers a majority of the expenses and your Medigap policy kicks into effect to cover what is left over. This alleviates the out of pocket stress. One thing to remember with Medigap policies is that they are strictly regulated by state and federal laws that are designed to protect individual Medicare users. There are a variety of Medigap plans to choose from and each is designated by a letter of the alphabet. Don’t be fooled. The plan coverage is the same no matter who sells the insurance. Medigap Supplement Plan G is the same through company A, B or C. The difference comes in the cost of the insurance to you. It is important to remember when comparing Medigap plans that the less expensive a plan has fewer benefits and higher out-of-pocket costs. More expensive plans include extra benefits, like coverage for routine checkups, deductibles and at-home care services. There are several sources online that allow you to compare Medigap plans and rates without giving personal information. This tool is valuable especially during the introductory phases of enrolling in Medicare. Having health insurance coverage is a must to avoid becoming indebted to medical facilities. Health insurance, including Medicare and Medigap Supplemental plans alleviate the need to put off doctors visits or necessary surgeries until you can financially afford them. With coverage there is no need to worry about catastrophes. You are covered. Medigap ensure the same thing to Medicare holders. The gaps are nothing to worry about when you have purchased insurance to fill in the holes left behind.
Source: submityourarticle.com

Video: High-End Medigap Plans Offered at Basic Plan Rates

Mutual of Omaha Medigap Rate Increases

2)  In June of this year, “modernized” Medicare Supplement plans began. With changes required for new “modernized ” plans,  each Medicare Supplement company was starting over with a “new book of business” as of June 1.  This meant that premiums for plans starting in June 2010 could be lower because they had no claims history.  But the older plans – sold before June 2010 – now have no new, younger, healthier members paying premiums.  Plans with older, sicker  people will likely have higher expenses and lower profits, requiring higher premiums next year.
Source: georgia-medicareplans.com

5 Questions you should Ask Before Purchasing a Medigap (Medicare) Policy

The first step in purchasing a Medigap Policy is to review a government published guide, such as Choosing a Medigap Policy, and decide which of the 11 standardized plans fits your lifestyle and needs. If you want a policy that covers all the “gaps” that Original Medicare does not cover choose Plan F. However, if you are more concerned about a lower monthly premium, then consider a High Deductible Plan F or plans like K or L, which only provide partial payment for your doctor visits.
Source: inzinearticles.com

Health planning with Medigap policies

If armed with the facts, you should be able to choose a policy that suits you without adding unnecessary cost. Medicare supplement insurance plans are divided from A-L which has a different level of coverage. The insurance companies are allowed to charge whatever they want for any individual plan. For this reason, you should definitely get several quotes in order to assure you are getting the best price. Different private companies impose different costs on the plans. They vary with the benefits and facilities offered in each single policy. So, it is better to discuss with a Medicare consultant who can give the best suggestions. There is also another option available known as Medicare Select which is a Medicare supplement insurance policy that is less expensive than other plans. The only drawback to Medicare Select is that you are limited to certain doctors and hospitals for your health care needs. This produces the lowest premiums, particularly for those just turned 65. However, premiums do increase as you get older, typically every 1, 3 or 5 years, very often reaching their highest point when you can least afford them. Premiums are based on your age at the time of purchase and will not increase as you get older. Community-rated: Everyone in the same geographic area pays the same premium regardless of age.
Source: ezinemark.com

Advisory Panel Urges New Fee On Medigap Plans, Cap On Out

CQ HealthBeat: Medicare Coverage Not As Generous As Large-Employer Plans Medicare coverage has gotten better in the past few years with the addition of prescription drug coverage, but it’s still not as generous on average as the private employer-sponsored insurance offered by large companies or the federal government, according to a new study by the Kaiser Family Foundation. The average value of Medicare is almost as good as the Blue Cross/Blue Shield standard option plan offered to federal workers, with Medicare’s benefits worth about 97 percent of the value of the federal plan, the report says. The typical large-employer preferred provider organization (PPO) is better than both. Medicare’s coverage equals about 93 percent of the typical big-company PPO benefits (Adams, 4/5).
Source: kaiserhealthnews.org

Saving Money on Medigap Policies: High

If you buy Medigap Plan F with a high-deductible option, you must pay the first $2,070 (in 2012) of deductibles, copayments, and coinsurance not paid by Medicare before the Medigap policy pays anything. You must also pay a separate deductible ($250 per year) for foreign travel emergency services. This can be scary and intimidating, but if you don’t have to go to the doctor often it could save you money.
Source: medicaresupplementinsurances.com

Evaluate Medigap Policies’ Costs: Learn how to Estimate Medicare Supplemental Insurance Costs

Consumers should evaluate their current and longer terms medical needs prior to buying a Medigap policy. There are local community resources at hospitals and at non profit Senior Centers that can help determine these needs along with a health care professional. Evaluate insurance policies based on how they set the premiums and on discount offerings. Individuals should be cautious not to buy the cheapest Medigap plan, but to get a plan that meets their medical needs together with affordability.
Source: suite101.com

Why the F Medicare Supplement Plan Works Best

Your mailbox is full. After turning 64 and 1/2, you’re suddenly the most popular person on the block and the poor mailman can barely find room to stuff all those shiny brochures into the box. In terms of Healthcare, turning 65 really is a second birthday welcoming you to the world…of Medicare. Assuming you don’t have a better group option or other coverage, Medicare should reflect a significant reduction in your out of pocket medical expenses and a big part of this is the Medicare supplement insurance plans that works in conjunction with traditional Medicare. Let’s take a look at these plans and how they differ but most important, look at which plans stand out as best options to cut through some of that mailbox overload where everyone’s trying to sell you something. First, a quick introduction is in order. The Medicare supplements plans are different from Advantage plans, the other primary option available on the market. The Advantage plans are typically less expensive on a monthly basis (if not free) but have more constraints on how care is accessed (like traditional HMO”s) and share more medical costs that are incurred as a trade off. This last piece is an important distinction which we’ll address in more detail with our Medicare supplement versus Advantage article, but let’s stay with Medicare Supplemental plans for now. The supplements in a nutshell, fill in the holes of traditional Medicare with the deductibles (physician and hospital) plus the 20% co-insurance being the primary financial pitfalls of original Medicare. This filling in of the “gap” inherent in traditional Medicare is why these policies are interchangeably referred to as “Medigap” plans. There are other smaller gaps in traditional Medicare but these two, especially the 20% coinsurance can really pose a problem without supplemental coverage. The Supplement’s coverage increase from alphabetically from A to K with a few letters missing in the middle. The traditional supplements run A, B, C, D, and F. These have been pretty established for decades now. Make a mental note on the F plan as that tends to be the darling of the Medigap world. Let’s discuss the really critical pieces of Medicare in terms of gaps we need to fill now that medication is taken care of with Part D. We want to make sure that we do not have uncapped exposure to medical expenses especially since we are more likely to see facility based care (loosely translated as very expensive) as we get older. Fixed deductibles are one thing but an unlimited percentage of a $50K bill is quite another not to mention $250K of charges over a year’s time. Granted, the medicare supplement plans cover the 20% coinsurance but let’s look at excess. This is critical. Excess is the amount that providers can charge above the allowed Medicare rate and it amounts to 15%. With more pressure on the finances of Medicare going forward, the trend of providers charging this excess amount will likely intensify. This becomes a primary concern for Medicare recipients looking to protect themselves and the F plan becomes are plan of choice to cover this excess charge. Now let’s look at all the high deductible and/or fixed max out of pocket plans. Here’s the issue. These plans will be less expensive in terms of premium for sure but we’re entering a period of time when the likelihood of hitting any high deductible or max out of pocket is at it’s highest. On average, health care expenditures increase with every decade of a person’s life so to be conservative, let’s assume at some point we will hit the full deductible or max out of pocket. Now the premium savings isn’t such a good offset against the richer benefits of the F plan. If you’re gambling on being healthy and keeping the premium savings, the house might have the odds against you. The problem is that we likely will be unable to change plans if health deteriorates so we’re really making a decision for a long period of time. Again, in the long run, this points to the F plan. Obviously, you need to find the right plan for your health and financial situation but definitely keep in mind both current and future concerns. The future is right around the corner.
Source: abcarticledirectory.com

Nine out of Ten Seniors Satisfied with Their Medigap Coverage

3rd Party Studies ACOs Admin Costs Cadillac Tax cbo Cost-Shift Dual Eligibles Employers Essential Benefits Exchanges GRP Health Plan Innovations Health Plan Satisfaction House hearings House legislation HSAs KI MA Makena McCarran-Ferguson Medical Prices Medical Tests medicare medigap MedMal MLR Morning Headlines MT Patient Safety premiums Premium Tax Profits Provider Consolidation PWC Quality Rate Review Readmissions Reform RZ Senate hearings Senate legislation Small Business The Link Vilification Waste Fraud and Abuse
Source: ahipcoverage.com

Others Are Ignorant Of These Medicare Supplement Insurance Tips

These days, economic climate hasn’t left good impact for us. Most likely, essentially the most pretentious adjustments happen to be seen within the age group, which are not noticed very helpful to guard the existence happily. For that reason, every person seems for very good possibilities like insurance coverage plans and policies, which make life balanced and wealthy. Protection and affordability are the most significant elements recognized extremely for diverse sorts of individuals, that are going to secure their lifestyle by Medicare supplemental plan. It is a wellbeing care insurance coverage policy provided towards the senior citizens and disabled men and women, who’re over of 65 years and below of 65 many years. It helps make confident that you just should be really content and at ease too while you will get many advantages. Do you want more information about medicare supplement insurance, Make sure you pay a visit to the outlined link. Medigap Insurance as well as your Wellness Dangers; Irrespective of how you select to perceive items, an extended daily life will expense your system. This consists of developing a much larger danger of tumors, cancer, stroke, and a ton of other main medical troubles. Medicare only handles about 80 percent of the seniors complete health care bill and for some a lot more, covering individuals costs might be impossible if a single does not have the best volume of supplemental coverage. In reality, for all those seniors which are already affected by a pre-existing problem, or have some type of healthcare difficulty that runs within the family, obtaining a Medicare strategy will be the appropriate alternative if if you might not require it immediately because it provides you with financial security. Medicare supplemental is really a well being insurance strategy provided by private insurance firms to individuals individuals, who are above the age of 65 many years and below of 65 years. There are several sorts of protections that you can decide on from Medicare of one’s alternatives and interests. All plans of this category are a growing number of helpful and supportive and caring to safe the existence happily and progressively. There are many acknowledged insurance firms available in the market, so you really should have excellent information and sharp understanding of plans to choose the proper alternative from Medicare policies. Importantly, you need to construct excellent comparison in between them, finally you ought to select the most effective insurance coverage program for guarding the lifestyle with numerous sorts of rewards. These plans also cover a few of the expenditures that have been by no means addressed by Medicare Components A and B. Like a senior citizen who is enrolled inside the original system, you might be helped by a Medigap policy in two principal ways.The very first is that the proper plan can help you decrease your from pocket expenditures by covering many with the “incidental’ costs that happen to be section of a comprehensive health care program. “A Medicare Supplement is a good fit for people of all health situations or for anyone who has a family history of poor health, or currently has a medical condition that is going to require frequent trips to their doctor, specialist, or hospital.” Why? Well, if you choose a Medicare Advantage plan and you have poor health (and let’s face it we never know what our health will be in the future) your frequent trips to seek Medicare services are going to add up with all the co-pays you have to spend. Granted there’s normally a optimum from pocket expense with a Medicare Advantage plan which can be generally all around $4000-$6,000 per year. Normally speaking, a Supplement is a predictable cost plan. According to some Washington lawmakers, if consumers are shielded from the real costs of health care, they’re more likely to use more and more expensive health care services. This, in turn, drives up the price of Medicare total. As being a result, lawmakers are contemplating requiring individuals with Medigap plans to shell out for a lot more of their wellness care to reduce the federal price range deficit.ses as to which services they intend to cut. It really is well-known that medical professionals and hospitals tend to err within the side of not risking lawsuits. Several of us currently have end of lifestyle directives to avoid currently being kept alive within a vegetative state that brings us no actual that means. If these are the types of wellbeing care congress wants to stop, the vast majority of individuals would agree. To the other hand, if congress is speaking about discouraging procedures that could give individuals much more many years of worthwhile existence, then there must be opposition. Given that their standardization in 1992 there had been twelve Medigap plans named A through L. These plans are an excellent deal of assist not only only to provide the needed coverage for the gap left by the Unique Medicare but besides that these plans also offer several rewarding options and some of them are even capable to reduce short the premium prices. And consequently it becomes essential to generate the option from the Medicare supplement program wisely to ensure that you’ll be able to get the best returns. Within this respect it must be kept in mind that the Medigap policies can only be sold along with the original Medicare only. Even when you’re having a Medicare supplement program and also you switch over to any other strategy, say as an example the Medicare Advantage program, you shall not manage to make use of the benefits of the Medigap policies any farther unless of course you switch back for the Medicare Unique program. In fact that is the main criteria essential to acquire enrolled for your Medigap policies. You Could Try HERE for medigap plans.
Source: lgnconnect.com

Medigap Health Insurance Plans and its requirements

Medicare policy does not bear all the medical costs which you pay during your treatment. There are always some medical costs unpaid by the original ones and therefore you have to spend some bucks from your pocket. It seems to you quite difficult if treatment cost is much heavier than common ones. Now a day medical costs are very high as everything else. Hospital charges, treatments include doctors fees, extra charges, medicine etc. all these manage a good healthy figure that you can find in the bill after the treatment finishes. For this you have a solution and the solution is to enroll for the Medicare supplement plans or Medigap health insurance plans. The Medigap or Medicare supplement plans helps the Medicare beneficiaries to bear that extra medical cost that are left aside by the original plans. The name Medigap is suggested because it is believed that these policies bridges the gap between the Medicare coverage and the original expenses or the total bill charged. But the only thing you have to do an original Medicare one before enrolling your name for medigap insurance. If you are in the Original Medicare plan you are able to buy a Medicare supplement plan and both of them would pay you their share of coverage.
Source: zsnare.com