10 Medicare Facts

Medicare Facts to know There are two main ways to get Medicare. You can choose Original Medicare (Parts A and B), which is provided by the federal government. Or choose a Medicare Advantage plan (Part C). These plans are offered through private insurance companies. With Original Medicare, you may pay a share of the cost. You contributed to Medicare by paying taxes. That’s why you’re eligible for Medicare when you turn 65. Original Medicare may not pay for everything. … [Read more...]

Protect Medicare Plans

 Growing Movement to  protect Medicare Advantage Washington, D.C. –The Coalition for Medicare Choices (CMC) -a national grassroots organization of more than 1.6 million individuals who receive their health care coverage through a Medicare Advantage health plan - today announced the launch of a new website as part of a growing effort to promote the value of Medicare Advantage and protect the benefits it provides to millions of American seniors. The new site includes enhanced tools to allow … [Read more...]

Medicare Screening

Medicare Screening for Prostate Cancer Men with Medicare. Are you the type of guy who puts off doing a task and later wishes he’d just done it? If you’re a man with Medicare, now’s the time to talk with your doctor about whether you should get screened for prostate, for colorectal cancer, or for both. Even if you’re feeling fine, screening tests can find cancer early, when treatment works best. Don’t put off screenings if you’re worried about the cost: Medicare covers a digital rectal exam … [Read more...]

Medicare Advantage Up

 Medicare Advantage growing among seniors January 06, 2014 08:00 AM Eastern Standard Time KENNEBUNK, Maine--(BUSINESS WIRE)--Aggregated enrollment in Medicare Advantage (MA) plans was 15.1 million as of December 2013, up nearly 1.3 million members since December 2012. Membership surpassed 15 million members in October, according to a new report by Mark Farrah Associates (MFA). The Centers for Medicare and Medicaid Services' (CMS's) data shows nearly 52.5 million people were eligible for … [Read more...]

Medicare an overview

Medicare Overview Medicare is a Federal health insurance program that provides hospitalization, medical, and prescription drug insurance for the elderly and individuals with disability. It was created by Congress in 1965. The basic idea is for the Government to provide health insurance as part of Social Security. As insurance, it is not government assistance, unlike Medicaid or AHCCCS and other plans which are assistance programs for people of limited income. The “Original Medicare” … [Read more...]

Medicare and the ACA

Since 1965 when Medicare was first instituted to provide health coverage for people over the age of 65, it has become one of the most beloved programs in the United States. The basic plan has two parts, Part A, which covers hospitalization and Part B, which covers doctor’s services, therapists, home care and other care. Many seniors are wondering how the Affordable Care Act affects their Medicare coverage. Medicare Supplement Plans In addition to basic Medicare, a number of “Medigap” … [Read more...]

Medicare enrollment

By Michelle Singletary, With so much fuss and frustration over the open enrollment for the health-care marketplaces, some people might be missing important information about another open-enrollment season. Open enrollment for the exchanges is overlapping and overshadowing the importance of the Medicare open-enrollment period, which started Oct. 15 and ends Dec. 7. It is during this period that those covered by Medicare can change their health plan and prescription drug coverage for … [Read more...]

Medicare Raise Age Savings?

WASHINGTON (Reuters) - For U.S. budget negotiators who may want to raise the retirement age by two years to shrink deficits, the Congressional Budget Office has some bad news: the savings would be considerably less than previously thought. The CBO said in a report released on Thursday that raising the normal eligibility age for Medicare health coverage to 67 from 65 in 2016 would reduce federal budget deficits by only $19 billion through 2023. That compares with $113 billion in 10-year … [Read more...]

ACA Five Myths

Here are five myths and facts surrounding Medicare and the Affordable Care Act Myths 1 Medicare is ending. False. Obamacare is not replacing Medicare. In fact, AARP representatives say that Medicare will become stronger once the ACA is fully in effect. "Medicare's guaranteed benefits are protected in ways they hadn't been protected in the past," says Nicole Duritz, AARP's vice president for Health Education and Outreach. Myths 2 Medicare beneficiaries must buy more health insurance to comply … [Read more...]

Medicare Beneficiaries

Medicare Part A provides coverage for inpatient care and Part B for outpatient services. There are options available to help with the costs not covered Options available to Medicare Beneficiaries besides Original Medicare Medicare Part A which covers inpatient treatment for Medicare Beneficiaries and Medicare Part B which provides for outpatient services are both available to seniors and some people on disability under age 65 and is referred to as original Medicare. However, original Medicare … [Read more...]

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