Medicare Open Enrollment period begins each year and runs from October 15 and runs through December 7th, . During this time, you can make changes to your Medicare Advantage Plan or Part D Prescription Drug coverage. This period is referred to as the Annual Election...
From Dave Silver Insurance Blog
Navigating Medicare can be confusing, but the right guidance can make all the difference. Explore tips, coverage options, and important updates to help you make informed decisions about your healthcare coverage.
What Does Medicare Cover?
Abdominal Aortic Aneurysm Screening A one-time screening ultrasound for people at risk. You must get a referral for it as part of your one-time “Welcome to Medicare” physical exam. Starting January 1, 2011, you pay nothing for the screening if the doctor accepts...
How Medicare and Medicaid Work Together
Medicaid is a combined program that work with both federal and state programs. Medicaid will help pay the costs for folks that have limited income and resources. They will have to meet other requirements, as well. When you have both Medicare and Medicaid you are...
Enroll in Medicare – When & How
There are 4 ways to enroll and sign up for a Medicare health plan and it’s easy and convenient.. Below are the 4 ways to enroll: Go to the company’s website. You will need your Medicare card handy. You will need to put in your Medicare claim number along with the...
Which Medicare Plan Is Right For Me?
The Common Mistake of Many Seniors It’s a common assumption for most people that as a person ages, so does the number of health problems he or she will have. Over the years, there have been various Medicare plans to address the medical needs of the elderly. While...
Sold on The Benefits
When it comes time to select a Medicare advantage plan many are sold on the benefits when they should focus on networks. If there are doctors that you would like to see but they are not in the plans network then those great extra benefits are of no use if you cannot...
Observation
Admit me!!! If you go to the hospital and you have to go to go to a Rehab Center or a Skilled Nursing Facility, make sure you are admitted to the hospital as an inpatient and not under “Observation”. If you’re admitted under observation and you have to go to a skilled...
Prescription Drug Plan
Whether you had a Medicare advantage plan or a stand alone prescription drug plan, it’s important to understand that every September you should receive a statement of benefits which goes over your plans formulary ( list of covered medicines ) as well as co pays and co...
Medicare Advantage and $0 premium. How can this be?
Medicare Advantage Plans (MA or MAPD) are health plan options funded by Medicare. Medicare pays a monthly premium to a private company of your choice. These plans receive a premium each month from Medicare to administer yourMedicare. Based on the amount of money...
Veterans with Medicare+ MAPD = Savings
I work with many Veterans who have Medicare. Many of the Veterans I work with go to the VA for ALL of their health care. They have not seen a civilian doctor in years. They get all their prescription at the VA, as well. These prescriptions generally cost $8-$9 per...
Turning 65? What You Need to Know About Medicare?
Happy birthday! If you are turning 65 years old, there are some things you should know about using and enrolling in the Medicare program. For many people, reaching the age of 65 also means a lot of questions. You may be asking yourself “when can I sign up for...
Supplements versus Medicare Advantage. What’s best for you?
Many people are confused when it comes to making a decision between these 2 types of coverage under Medicare. It’s actually quite simple. If you would like the freedom to use any provider who accepts Medicare in the United States and US territories(the vast majority...
Some Stuff That Medicare Does Not Cover
Often times there is a lot of confusion about what Medicare will and will not cover. My job as Medicare Coverage Specialist is to advise my clients so there are no surprises down the road. Today, I would like to go over what Medicare will not cover. Assisted Living...
Saving Money on Prescription Medication
Many people I meet spend a fortune on their prescription medicine. I have some ideas that might be able to save you some money. Many times people are taking brand name medication, when generics are available. If the generic will do the same job as the brand named...
Your Pharmacy May Determine How Much You Pay For Your Prescriptions
In previous blogs I have discussed how to save some money on your prescriptions. We have discussed less expensive generic alternatives to brand name prescriptions, when available and medically appropriate. We’ve discussed purchasing low cost generics at retailers...