Medicare Advantage vs. Medigap

Medicare has four basic parts – A, B, C and D. Together, Parts A (hospital care), B (doctors, medical procedures, equipment) and D (prescription drugs) provide basic coverage for Americans 65 and older. What's relevant is what these parts don't cover – deductibles, co-pays and other medical expenses that could wipe out your savings should you become seriously ill. That's where Part C comes in. Also known as Medicare Advantage, it's one of two ways to protect against the potential high cost of an accident or illness. Here's what could happen. Let's say you have only Parts A, B and D. Here's what [...]

Medicare Advantage vs. Medigap2016-12-29T15:53:37-07:30

CMS proposes to test Medicare Part B prescription drug models

CMS proposes to test new Medicare Part B prescription drug models to improve quality of care and deliver better value for Medicare beneficiaries. The Centers for Medicare & Medicaid Services (CMS) announced a proposed rule to test new models to improve how Medicare Part B pays for prescription drugs and supports physicians and other clinicians in delivering higher quality care. The proposal is part of the Administration’s broader strategy to encourage better care, smarter spending, and healthier people by paying providers for what works, unlocking health care data, and finding new ways to coordinate and integrate care to improve quality. CMS values public input and [...]

CMS proposes to test Medicare Part B prescription drug models2016-12-29T15:53:38-07:30

Hip Knee Replacements

New Medicare Payment Rules for Hip, Knee Replacements. Originally written on Healthline News by Shawn Radcliffe | Published on April 1, 2016 | http://www.healthline.com/health-news/new-medicare-rules-for-hip-knee-replacements#2 Medicare has started paying hospitals for the quality — not quantity — of care that patients undergoing hip or knee replacement surgery receive. Many people know someone who has had a hip or knee replaced, or they may have gone through a major leg procedure themselves. When these surgeries go well, they can restore mobility and independence. However, experts say that too many of these procedures result in unnecessary complications. Medicare would like to change that and save money in the [...]

Hip Knee Replacements2016-12-29T15:53:38-07:30

Senior Health Insurance | Protect Your Bones

Join us in celebrating National Osteoporosis Month this May 2016 by taking action to Break Free from Osteoporosis. The NOF, National Osteoporosis Foundation's campaign encourages everyone to get to know their risk factors for osteoporosis. Make the lifestyle changes needed to build strong bones for life. MP Insurance Solutions can help determine if your current senior health insurance can take advantage of a No-Cost test offered through Medicare. Osteoporosis is a disease of the bone that makes a person’s bones weak and more likely to break. Every year, more Americans are diagnosed with osteoporosis. Approximately 10 million Americans have osteoporosis. Another 44 million have low [...]

Senior Health Insurance | Protect Your Bones2016-12-29T15:53:39-07:30

Medicare Premium /Deductible Changes for 2016

  By Theresa Struckmeyer Senior Health Specialist MP Insurance Solutions For an Instant Online Medicare Supplement Quote, click here.   For months there has been ugly rumors going around that Medicare Part B premiums and deductibles would be going up by as much as 50% or more for some. Now we are pleased to report that the rumored increases, although not completely false, is not as bad as many had feared and the final numbers are in. There will be an increase of premium in 2016 from $104.90 to $121.80 for those who qualify for the premium hike. Although this is a hard pill to [...]

Medicare Premium /Deductible Changes for 20162016-12-29T15:53:40-07:30

Medicare’s Annual Enrollment Period- AEP- What you need to Know

By Theresa Struckmeyer, Senior Insurance Specialist   Instant Medicare Supplement Quote Medicare’s Open Enrollment Period (AEP) is just around the corner. It begins on Thursday October 15th and goes until Monday December 7th 2015. During this time you have the ability to review, change, or add a new health plan or prescription drug plan. If you receive Medicare this is an important time of the year for you. Even if you are happy where you are at, it’s a good time to review your current coverage to ensure you are still in the best plan to fit your needs for 2016.   If you have a [...]

Medicare’s Annual Enrollment Period- AEP- What you need to Know2017-04-04T10:55:11-07:30

3 Reasons a Medicare Advantage Plan may be the Right Fit for you

By Theresa Struckmeyer Senior Health and Finance Specialist   In an earlier post, we covered 3 reasons a Medicare Supplement Plan might be a good choice for you. Medigap plans do offer more freedom , however, a Medicare Supplement plan may not work for every senior. Below are some reasons why you may consider a Medicare Advantage plan instead of a Medicare Supplement plan. Monthly Cost: The trend today is that most Medicare Part C plans do not have an additional monthly premium for the plan. This means a senior who selects a Medicare Advantage Plan will likely only be responsible for their Medicare Premium. For [...]

3 Reasons a Medicare Advantage Plan may be the Right Fit for you2017-04-04T11:08:42-07:30

How to Enroll for Medicare when you Turn 65

Working with seniors every day I can tell you first hand that Medicare is confusing for almost everyone who is new to Medicare or about to qualify for Medicare. Here is a quick guide to help you understand how to sign up for the new benefits you are entitled to. To start with you must figure out if you qualify for Medicare. Medicare Part A is hospital/ inpatient coverage. If you worked in the United States for over 40 quarters (or 10 years) and are a legal resident or citizen of the United States, then you are entitled to Medicare Part A. If you did [...]

How to Enroll for Medicare when you Turn 652017-04-04T11:10:03-07:30

3 Reasons A Medicare Supplement may be the Right Choice for You

  By Theresa Struckmeyer Senior Health Insurance Specialist Click Here for an Instant Medicare Supplement Quote   Below are some reasons why choosing a Medicare Supplement Plan over a Medicare Advantage plan may be the best choice for those seniors who can budget the extra payment into their monthly expenses. Freedom: In my opinion this is the number 1 reason to choose a Medicare Supplement plan over a Medicare Part C plan. If you live in Southern California you should know that at this time all of the Medicare Advantage plans available are HMO’s. If you are used to a PPO, an HMO and its [...]

3 Reasons A Medicare Supplement may be the Right Choice for You2017-04-04T11:20:07-07:30

4 Things to look for in your Senior Insurance Agent

  When searching for your Medicare Supplement/Medigap Plan, the agent you choose is a very important part of your buying decision as this can make a big difference on the products you have to choose from and your monthly costs and coverage. Here is a guide to help you select your next agent.   1. Find an Agent who is Knowledgeable and Specializes in Senior Insurance. As we age, things tend to get less complicated. The one huge exception to this rule is health insurance. This makes sense as our health care needs tend to complicate as well as we get older. It’s important that [...]

4 Things to look for in your Senior Insurance Agent2017-04-04T11:22:04-07:30