MEDICARE COST ALERT

URGENT MESSAGE FOR  MEDICARE PATIENTS This year your Medicare drug plan is a moving target!  It is recommended Medicare enrollees review their current plan annually. This is even more crucial for 2018 as we have noticed a remarkable increase in some drug plan copay costs.  For example, a comparison of Medicare drug plans for a client on … More MEDICARE COST ALERT

MEDICARE – on life support?

The following is from an article on Medicare by Robert E. Moffit, PhD,  a Senior Fellow in the Center for Health Policy Studies, of the Institute for Family, Community, and Opportunity, at The Heritage Foundation. “The Medicare Trustees have released their long-awaited 2016 annual report.[1] It once again calls for expeditious action by Congress and the executive branch … More MEDICARE – on life support?

Reduced Medicare Costs Can Boost Your Social Security Benefit

By Dr. Eileen Hilton While most retirees pay the standard premium amount for Medicare health coverage, those in higher income brackets pay an additional amount based on their income. If you’re in a higher income bracket and your income drops during retirement, less money for Medicare should be deducted from your Social Security payments, meaning more … More Reduced Medicare Costs Can Boost Your Social Security Benefit

Was your Medicare Advantage plan cancelled? You need to take action!

By Linda O’Grady, Crown Care LLC You do have options. Special Enrollment Periods (SEPs) allow seniors to enroll in Medicare or change coverage due to a special circumstance. The most common ones are listed below. You may want to check the Medicare website for others. You move out of your coverage area You lose your … More Was your Medicare Advantage plan cancelled? You need to take action!

HMSA sends out Thousands of Cancellation Letters to Medicare Advantage Seniors

  Not a nice surprise. Many of you have received a letter stating that HMSA will no longer provide your current Akamai advantage plan and you have until December 31 to select a new plan.  Most who read the letter thought there were no more HMSA Medicare plans at all. This is not the case. … More HMSA sends out Thousands of Cancellation Letters to Medicare Advantage Seniors

Is Medicare Part A Always Free?

What is Medicare Part A? Hospital Insurance coverage that includes: Inpatient care in hospitals Skilled nursing facility care (not custodial or long-term care) Hospice care Home health care Yes if… You are 65 and… Already receiving retirement benefits from Social Security or the Railroad Retirement Eligible to receive Social Security or Railroad benefits but have … More Is Medicare Part A Always Free?

Hawaii SIX-0: Affordable Care Act 2010 and Medicare

The Affordable Care Act of 2010 is 974 pages which includes the Reconciliation Act.  As the Affordable Care act goes forward, seniors have been told of the following positive changes: According to the New York Times, May 31, 2013 article, the Affordable Care Act “squeezed nearly $500 billion out of Medicare over 10 years, in … More Hawaii SIX-0: Affordable Care Act 2010 and Medicare