Monday, August 27, 2018
A: Great question! Financial assistance is available to help people on Medicare with the cost of their drugs. Known as LIS (low-income subsidy) or Extra Help, the program is estimated to save people an average of $4,000/year.
Monday, August 6, 2018
A: You can increase the amount of your Social Security payment by working longer. If you start your Social Security benefits before your full retirement age, you agree to accept a smaller amount than you would have received if you had worked until your fu ...
Monday, July 30, 2018
A: You do know why that’s important, right? Everyone doesn’t pay the same Part B premium. If you make more than $85,000 (or $170,000 if you are married and filing jointly), you will pay more, sometimes much more, than the standard $134/month P ...
Monday, July 23, 2018
A: There is more than one way to find out when your new Medicare card will be mailed.
Monday, July 16, 2018
A: Both! The Donut Hole (also known as the Coverage Gap) for brand name medications is going away in 2019, but the Donut Hole for generic medications will still be in place until 2020. The closure of the Donut Hole doesn’t mean you’ll get your ...
Monday, July 9, 2018
A: This statement ranks right up there with “The world is flat!” The F plan is not going away! The F plan, the most popular of the ten standardized Medicare Supplement plans available today will no longer be sold to people who become eligible ...
Monday, July 2, 2018
A: Whether you can switch to a different level Medicare Supplement plan within the same company depends on two things – the company from which you purchased the supplement and whether you would like to move to a plan with more benefits or a plan with less benefits.
Monday, June 25, 2018
A: Have you ever thought about what would happen if your medications were lost because of a natural disaster? Think about the Gatlinburg wildfire. And Hurricane Katrina. It’s estimated that 200,000 people on Medicare were displaced by Katrina.
Monday, June 18, 2018
A: Claims must be submitted to Medicare within one calendar year of the date of service. The limited exceptions to this “timely filing requirement” are shown below.
Retroactive Medicare entitlement for those qualifying because of disab ...