When it is time to consider Medicare, usually around the time you turn 65 years old, it would be wise to take a look at different Medicare Advantage plans. Medicare Advantage plans, also known as Medicare Part C, usually offer more benefits than Original Medicare for a lower cost. About one-third of Medicare beneficiaries have…
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Is There A Difference Between Medicare & MedSup?
Medicare is the federal health insurance program for people who are 65 or older. When you enroll in Medicare, it is important to understand how it works and whether or not you will need a Medicare Supplement plan to go with it. Once you pay your deductible, Medicare covers only 80% of your Part B…
Updated Medicare Advantage Guidelines
There are specific times of the year when you can enroll, disenroll, or switch from a Medicare Advantage Plan, also called Part C or MA Plans. These plans are sold by private insurance companies that are approved by Medicare. If you miss these enrollment periods, it may be hard to make changes to your coverage,…
Republican Tax Bill Cuts 25 Billion From Medicare
The GOP tax bill that the Republicans have been working on, can lead to major cuts in Medicare funding and spending in 2018. The bill is estimated to cut $25 billion from Medicare starting 2018, and resulting in $400 billion over the next ten years. The Congressional Office has estimated a $1.5 trillion deficit to…
Medicare Wellness Programs Improving Senior Health
The Center for Medicare and Medicaid Innovation (CMMI) reported that Medicare Wellness Programs have the ability to improve physical and mental health in seniors. The six programs have been found to help reduce obesity, prevent falls, and most importantly help those with chronic conditions. These medicare programs are offered as a way to keep seniors…
Insurance Companies Are Suing Trump!
When the Trump Administration announced a rule to stop cost-sharing subsidies to insurance companies, there were threats of lawsuits. The threats have now become a reality, with an insurance co-op recently filing a lawsuit against the federal government. Cost-sharing reduction payments were set up under Obamacare to ensure that customers would be able to receive…
Five Ways To Get Better Health Plans At Lower Costs
Health insurance premiums and deductibles can become costly, and continuously go u p every year depending on the plan. There are ways to help ease the burden of a high premium/deductible plan that is cost-effective while receiving the medical services you need. Compare Plans More than 90% of people end up not looking into their…
$25 Billion Medicare Cuts Possible Due To Republican Tax Bill
The GOP tax bill that the Republicans have been working on, can lead to major cuts in Medicare funding and spending in 2018. The bill is estimated to cut $25 billion from Medicare starting 2018, and resulting in $400 billion over the next ten years. The Congressional Office has estimated a $1.5 trillion deficit to…
Uber Launching ‘Uber Health’
Uber has announced a new business line called Uber Health that will provide a ride-hailing platform for healthcare providers. Uber is offering to take patients to their medical appointments, as long as they are operating in the area. The health care providers that will use this business will be the ones billed for the services,…
Changes To Medicare Advantage in 2018
Medicare Advantage Plans have become very popular over the years, and like other insurance plans, changes occur every year. The most common changes are the list of drugs that are covered, how much your insurance company charges for them, premiums, and the percentage the plan pays towards your medical expenses. Changes can leave customers confused…