Wednesday, May 23, 2018
A: According to www.healthcare.gov , underwriting is a process used by insurance companies to try to figure out your health status when you're applying for health insurance coverage to determine whether to offer you coverage, at what price, and with what exclusions or limits.
Monday, May 14, 2018
A: The Federal Insurance Contributions Act (FICA) authorizes two types of taxes to be deducted from your paycheck – Medicare taxes and Social Security taxes. Both types of taxes must be paid. You pay half and your employer pays the other half. 6.2 p ...
Monday, May 7, 2018
A: Use one of the “compare tools” on www.medicare.gov to find a nursing home, hospital, home health care provider, dialysis facility, medical equipment supplier or long-term care hospital that best fit your needs. Look on the lower left hand p ...
Monday, April 30, 2018
A: The best time to buy a Medicare Supplement plan is when you are not required to go through the medical underwriting process (answer questions about your health). You don’t have to answer any medical questions if you purchase your supplement plan within six months of your Part B effective date.
Monday, April 23, 2018
A: Yes. And no. Medicare will not pay for a routine eye examination to see if you need new glasses. And they won’t pay for your glasses or your contacts either. Medicare will pay to treat diseases of the eye such as macular degeneration and cataract ...
Monday, April 9, 2018
It's National Social Security Month! Check out all the great things you can do online!
Monday, April 2, 2018
A: Big! And the later you are signing up, the bigger it gets. If you don’t sign up for Part B during your Initial Enrollment Period or, if you qualify, during a Special Enrollment Period, you’ll be charged a penalty for every 12-month period y ...
Monday, March 26, 2018
A: The answer: it depends. Part A and Part B (your hospital and medical coverage) is accepted throughout the country. The same is true if you have a Medicare Supplement plan. Just be sure to use a provider that accepts Medicare. It’s more complicate ...
Monday, March 19, 2018
A: Say goodbye to physical, occupational and speech therapy caps on Medicare services. Until President Trump signed the budget deal in February, people on Medicare were subject to arbitrary limits on the amount of therapy services that Medicare was willin ...
Monday, March 5, 2018
A: Unless you work in the health care field or have taken care of your own or someone else’s medical bills, you probably don’t understand the difference. Think about it – both are federal programs created in 1965 and both start with M-E-D-I. No wonder people are confused!