Medicare: Special Needs Plans

Medical Special Needs Plans are a type of Medicare Advantage Plan that individuals with Medicare Parts A and B can join.  You must live in the plan’s service area and meet certain eligibility requirements. Individuals with chronic conditions, those living in special needs institutions like a nursing home or require at home nursing care may be eligible.  Each Special Needs Plan ...

Medical Savings Account (MSA) Plans

So you’re looking for a Medicare MSA Plan or medical savings account to help with the costs of your healthcare?  These health savings accounts are similar in nature to those many consumers are turning to today. Medicare MSA plans combine a high deductible plan with a medical savings account to help pay your health care costs.  Certain requirements must be met ...

The Affordable Care Act

The Patient Protection and Affordable Care Act (PPACA) or the Affordable Care Act as it is commonly known, is the most significant expansion of US healthcare since the passage of Medicare and Medicaid in 1965.  Its primary goal is to decrease the number of uninsured Americans and to reduce the overall costs of healthcare. Some of the ways your Medicare may ...

Medicare Part A

In general, Medicare Part A covers hospital care, skilled nursing facility care, hospice and home health services. Coverage is based on three main factors: Federal and state laws National coverage decision made by Medicare about whether something is covered Local coverage decisions made by companies made in your state that decide if something is medically necessary and should be covered. People who have Medicare ...

Medicare: Extra Help

I’m sure I don’t have to tell you this, but prescription drugs are very expensive. Many people spend much of their time worrying about whether or not they can afford the drugs they need. The good news is that anyone with Medicare can get Medicare prescription drug coverage. What many aren’t aware of is the fact that some people with ...

How much does Medicare Part B Cost?

After scouring the internet for information, I’ve realized just how hard it is to find clear information about Medicare and the costs associated with it. The purpose of this article is to explore the costs of Medicare Part B and omit any jargon that may further confuse the subject matter. Keep in mind that premiums, deductibles, and co-pays change yearly, ...

Medicare Part B – Preventative Services

Medicare Part B is the branch of Medicare that can be considered Medical Insurance. While Part D focuses on Prescription Drug Insurance and Part A on Hospital Insurance, Part B’s role is different. Medicare Part B focuses heavily on preventative measures, and unlike Medicare Part A, Medicare Part B is not free. A monthly premium based on former income is ...

The Cost of Medicare Part D

If you are beneficiary of original Medicare you probably have a few questions about Medicare Part D and how much it could cost you. Medicare Part D, which is prescription drug coverage, can be a huge cost savings for those with growing prescription drug costs. While Medicare Part D is not free, it can offer relief to those struggling to ...

Filing Claims with Medicare

Let’s be honest. Very few people truly understand Medicare in all of its various complexities. Very commonly patients are not well informed as to when to file a claim or how to do so. The purpose of this short article is to clarify the topic and remove as much of the confusing jargon as possible. Do I need to file? Rarely will ...

How to Get Vision & Dental Coverage Under Medicare

Many people are wondering how to get vision and dental coverage on Medicare. Surprising to some is that neither Part A nor B covers most expenses associated with vision or dental and many are struggling with the steep expenses. Medicare Parts A and B only helps pay for medically-necessary inpatient and outpatient care. “Medically-necessary” is defined as care that’s required ...