Now Medicare is doing something about it, and it is saving money. About one in five Medicare patients who are hospitalized end up bouncing right back within 30 days, so reducing unnecessary hospital readmissions has become a bit of a holy grail. The 2010 health reform law includes new penalties for hospitals that have particularly… Read More »
From Yahoo Finance, this announcement: “Traditional Medicare includes cost sharing and benefit limitations that can result in significant and unlimited out-of-pocket expenses. Medicare Supplement plans are designed to assist seniors in covering those unexpected costs and provide stability in their out of pocket health care expenses. These new plans are competitively priced and policyholders, applicants… Read More »
Here is an article from http://www.blogforiowa.com that wonders who exactly get’s the Medicare Part D Entitlement. Every time I hear the word “entitlement” in connection with Social Security or Medicare I want to grab the fool who is using Frank Luntz’s word by the collar and ask him (or her) just how stupid they are. Do they not… Read More »
…, “What Affect Will Obamacare Have On Medicare Supplement?“ The answer to that question is easy. Obamacare has zero effect on Medicare Supplement insurance. All the fear mongering and warnings that drastic changes to senior’s Medigap will be made as a result of the PPACA are false and just political spin. The fact is that… Read More »
Joe lives in Illinois. Joe is 73 with COPD. Joe is retired from ACME manufacturing in Ohio. The retirement package from ACME included an Anthem Medicare Supplement and Part D plan for all employees including Joe. ACME decides plan is too expensive. ACME decides to switch to an Anthem Medicare Advantage plan for retirees effective… Read More »
For seniors, a key source is Medicare, the federal program for people age 65 and over. But Medicare doesn’t cover everything. “What the government pays in benefits doesn’t always cover what the doctors and hospitals charge,” said Bob Moos, spokesman for the Centers for Medicare & Medicaid Services. “People with traditional Medicare must pay deductibles… Read More »
Some think that when they turn 65 that all their health insurance needs will be taken care of by the US government via Medicare. That may work in Israel but unfortunately not here in the United States. Medicare part A, which covers hospital needs, is automatically given to those who are turning 65 and have… Read More »
This exempt from NSCLC (National Senior Citizens Law Center) explains more: The Centers for Medicare and Medicaid Services (CMS) requires that sponsors of Medicare Part D prescription drug plans provide beneficiaries with access to transition supplies of needed medications to protect them from disruption and give adequate time to move over to a drug that… Read More »
From www.kaiserhealthnews.org Sen. John D. Rockefeller’s announcement Friday that he would not seek a sixth term in 2014 will leave the poor, elderly and disabled without one of their strongest advocates on Capitol Hill. Rockefeller played a leading role in 1997 in creating the Children’s Health Insurance Program (CHIP), which serves nearly 8 million children nationwide, including 40,000… Read More »