Closing the Knowledge Gap with Information About Medicare Supplements.

Information about Medicare and the available supplements can often be confusing. When you turn 65, getting Medicare Part A and Part B as a “gift” from the government can be a blessing and also be a bit scary at the same time. When signing up for Medicare health insurance, it is important to get as much information as possible. It does not have to be a guessing game.

The main thing for people who are sixty-five is that they realize that Medicare Part A and Part B do not cover all the medical expenses they incur. It is necessary to purchase Medigap insurance so as to fill the hole left by Medicare. In fact, you could be in financial ruin trying to cover the cost of the holes in Medicare without a Medigap Supplemental Insurance.

Medicare primary care is given to qualified individuals only at age 65. The basic cover consists of two basic parts, Plan A and Plan B.

Plan A is known as hospital coverage. It will include space, food, impatient nursing care, hospice care, and home nursing. That sounds like a good deal of insurance, but in reality it’s a lot of holes.

Plan B, which is also part of the Medicare coverage you receive when you turn 65 when you pay your monthly deductible, covers your doctor’s benefits. The plan includes Medicare-enabled doctors, out-patient hospital services and durable medical equipment.

This appears to be sufficient coverage to cover all medical costs that reach those over sixty-five, but in fact this is not the case. But without Medigap coverage, the remaining gaps are shocking. For part A, the deductible is paid out of the bag and must be covered again after 60 days if you should be hospitalized again within this time. Medigap Supplemental plans can be purchased to cover these costs as well as the co-insurance of the hospital and qualified care facility, which is also not covered by traditional Medicare. Part B applies an annual deductible and pays 20% of all the physician’s bills if no Medicare supplement plan is purchased.

Many popular Medigap plans cover all the gaps that still exist in traditional Medicare coverage. When looking for a plan that meets your medical needs and history, it is advisable to do research to find the right plan for you at the right price. It is important to note that all Medicare coverage is regulated nationwide. Plan F from Company A will be the same coverage as Plan F from say Company B. The difference is only in where it was bought. This disparity can be huge; some firms can charge individuals 30 to 40% more all in the name of who you buy from.

Before making any decisions, you should look at several options that are available to you. Compare Medicare Supplemental Insurance rates and benefits online; this is a popular option for those who are around sixty five. You can get lots of information about available plans from the comfort of your own home, without revealing any personal information.

Beware of Medicare Fraud

Beware of Medicare Fraud

Nothing is beyond the reach of scammers these days including Medicare. The Better Business Bureau (BBB) ​​warns consumers about callers who claim to be on Medicare and ask for personal information such as social security and bank account numbers. Some seniors have reported receiving calls that offer “free” items such as diabetic accessories or claiming that “all seniors are getting a new Medicare card” and asking for personal financial information for verification purposes.

“Consumers should be suspicious of calls from anyone claiming to be Medicare,” said Kim States, BBB president. Generally, Medicare will not make unsolicited calls to update information, issue a new card, or offer free medical devices. It is recommended that you call senior citizens and call a trusted Medicare number if they have questions about their benefits. ”

BBB warns that callers may have information from public databases that makes the call appear legitimate. The BBB offers the following tips for protecting personal data and protecting against Medicare scams:

Medicare, Medicaid, and the Social Security Administration will not call to update information or issue a new card. When you receive a call, hang up and report it to the Medicare and Medicaid Services Centers.  Find a supplement plan at https://www.medicaresupplementplans2019.com

Medicare scams usually involve a form of identity theft. Do not share personal information with unknown callers.

If you are not sure whether a call is legitimate, hang up and confirm by calling the agency or checking with the BBB.

Be suspicious of door-to-door or telephone inquiries claiming to be associated with Medicare.

Be careful of someone who offers you something for “free” in exchange for your Medicare number. Remember, Medicare does not pay any medical equipment without the signature of a doctor confirming that it is necessary.

Review medical bills, Medicare summary notes, and insurances explaining benefits to medical devices or service fees that you did not receive. If you find questionable fees, contact your healthcare provider immediately.

Only pass on your insurance / Medicare information to those who have provided medical services.

Keep accurate records of medical appointments, procedures and medical devices.

Ask your doctor what you charge and how much you have to pay out of pocket.

Never sign blank Medicare insurance forms.

Make sure your Medicare provider has Medicare approval.

To report a suspected Medicare fraud, contact the Office of the Inspector General of the US Department of Health at their website

To save money get a 2019 medicare supplement plan G

To help retirees understand Medicare, Medicare supplements, Medicare Advantage, and medicines, read the Medicare Power Planner from Weiss. The interactive tool guides consumers through a series of questions that will help them find the best plan for the coverage they need and give them access to price comparisons for more than 160 insurers at the lowest possible price.

Weiss Ratings is the nation’s leading independent provider of research and analytics for the banking and insurance industries. Weiss offers financial strength ratings so consumers and professionals can make informed decisions when buying banking and insurance products. You can register for free at their website and access up to 10 financial strength and stock ratings.

For people over 65 years of age, you can get reliable information about Medicare and Medigap insurances, including help to compare prices of Medigap plans in your area at WeissRatings.com.

American Continental Insurance – Is It the Right Choice for a Medicare Plan F?

When looking for a 2012 Medicare insurance plan, Benefit Plans for 2012 or Medicare Plan F, there are many insurance agencies available to choose from, but not too many of them could compare to what American Continental Insurance offers – it offers coverage while offering optimal service for certain seniors. The American Continental Insurance Company (ACI) is headquartered in Brentwood, Tennessee (just outside of Nashville). It was founded in 2005 on the basis of experience in the health / life insurance industry as well as in the senior market – by Continental Life Insurance Company of Brentwood, Tennessee.

Several months ago, ACI became part of the insurance company Aetna and became part of one of the most important insurance companies in the country.

American Continental insurance may be the right choice for a Medicare Part F or other Medicare insurance, but it would be most sensible to first speak with a licensed expert than 95% of the time, it is not the best option because there are other insurance companies Providers who are likely to better suit your situation. Some of the most popular benefits are lab outpatient, therapy services, medical equipment that is durable, Medicare prescription drugs, and skilled care.

Medicare Part D has a gap in coverage, often referred to as the “donut hole,” where drug coverage ends when you reach a limit in your basic care plan; This limit (as of 2011) is $ 2,700.00, with the benefits starting again when you spend $ 6,154.00 or more. The $ 3,454.00 “hole” is one of the most contentious issues in the entire Medicare initiative. While plans that cover you for all of your prescription medication expenses, they are much more expensive as well as affordable by many Medicare customers. All in all, with all the different Medigap insurance companies out there, American Continental definitely has its place, but determine if it would be right for you within minutes of having a conversation with a professional adviser. Get the best 2019 supplement plans at

Original Medicare will not provide enough coverage for the majority of seniors. For this reason, Medigap Insurance was introduced to be able to take care of the holes in the insurance coverage that Medicare had. Their goal was to provide a solution for most American seniors through a range of different plans, each offering a range of benefits and sufficient coverage. With American Continental Medicare supplements, you can take out insurance coverage for vision, dental and prescription medications, depending on which plan you choose.

Seniors can now customize their Medicare Plan F insurance coverage to meet their specific needs without receiving benefits they’ll never need, thanks to the American Continental Insurance Company. People with joint or dental problems may be selective and, above all, work with a plan that provides for this type of treatment and benefits for 2012. The plans of American Continental must include the most standard benefits (Parts A and B), no matter what policy you decide to use or how you adjust the Medicare plan.

The Amazing Rate Drops For Medicare Supplement Insurance

The only two brand new Medigap plans to be added to the list of Medigap insurance within the year both increased lower premiums than some plans that were already on the market. Medigap Plans M and N keep premiums low by paying part of the Medicare fees.

Plan M only covers 50 percent of the Medicare Part A $ 1,100 excess you need to meet before Medicare picks up your hospital bills. If hospitalization is unlikely, it may be useful for you. Plan N lowers the premiums by paying part of the Medicare Part B co insurance for medical services. This plan could work well if you normally spend little on Part B co-insurance.

In addition to these new low-cost plans, one of the biggest names in health insurance has suggested cutting down on the premiums of Medicare Supplement Insurance when the need for it is greatest. One name you do not often see as a leader in low-cost health insurance, Blue Cross Blue Shield, wants to offer greater discounts on Medicare supplement plans for Michigan seniors with the lowest income.

What is the Blue Cross Plan Medicare Supplemental Insurance? Find out at https://www.medicaresupplementplans2020.com/

Medicare Supplement Plans 2020As the largest insurer in Michigan, Blue Cross already uses one percent of what it collects in premiums to lower the price for patients with Medigap insurance to supplement their Medicare coverage. Blue Cross officials say this represents a 39 percent rebate that is currently evenly distributed to persons with Michigan Medigap policies. The company Blue Cross, is appealing to distort this distribution to make the biggest discounts available to persons who need help the most.

“We’re asking some people to pay 50 cents a day more to help people who are their age but have difficulty eating or paying their mortgages or health insurance,” says Andy Hetzel, for Blue Cross.

All seniors would still benefit from discounts of a minimum of 25 percent, but those with the greatest need in Michigan would get extra help. For example, the blue-cross plan would mean that a senior with an income of $ 16,245 would only pay half the monthly premium of $ 191.

If approved by the State Office of Insurance and Financial Regulation, more than 200,000 seniors in Michigan could observe a change in their Medicare Supplement premiums from Blue Cross. If you have an income in excess of $ 32,600, you would see an increase, but everyone else would get a price cut in their premiums. Will this idea spread to other states outside of Michigan?

Regardless of what locality you reside, there’s an easy way to keep your premiums down. One of the simplest ways to ensure that you get the best Medicare supplement value is to request an annual review, where independent agents compare your requirements to other Medigap guidelines.

If your health status makes it easy to change policies, you may find a better plan that works better for you. It’s a good idea to apply for a free policy review once a year so you do not miss out as new plans become available. Of course, as your needs change, it’s always the time to see if another Medicare supplement can save you money.

 

New Means of Transportation

 

It’s no secret in today’s age of technology and innovation that more and more unique methods of transportation are being created every day. You thought the car was a wild step up from the horse and buggy, and jets and helicopters are marvels compared to the prop planes of yesterday. Today, we are able to go further, faster, and more conveniently than ever before. Making it easier than ever to stay connected to people throughout the country and world, and to experience places you never thought you’d see in your lifetime. If you travel abroad, research which Medicare supplement plans might cover you while you travel.

Get a 2020 quote at https://www.medisupps.com/medicare-supplement-plans-2020/

Self Driving Cars

Not only was the car a marvel of an invention back its day, but did you ever think you’d see the day we would have cars all over the road with no one even driving them? Autonomous vehicles are basically robots big enough to fit humans in and fast enough to make them worthwhile to use for means of transportation. They use hundreds of sophisticated cameras and sensors all around the vehicle to ensure they safely stay on the road, without crashing into any objects or other vehicles, and are able to go from point A to point B all on their own. It is a truly miraculous leap forward in technology.

 

Hyperloop

Who ever thought the standard train could be improved upon with modern technology? It seems about as sophisticated as it can get: lay down tracks, put a fuselage on wheels that fit the track, and power it with fuel. Well, they did improve upon it, and with a very similar concept as the trains we already know. The Hyperloop is essentially a super fast train on magnetic tracks inside of a vacuum tube. The train is powered by its opposing magnets from the tracks themselves, and is capable of reaching incredibly fast speeds because the vacuum tube it travels in eliminates virtually all friction from air drag.

https://www.cms.gov/

This means the normal 8 hour train ride from New York City to Washington, DC will now be done in just 30 minutes, and you’ll feel completely normal the entire ride. Rapid, mass transit will be more available and more affordable as we perfect the technology behind it, and people will be able to do more and see more in less time than ever imagined before. Would you give a ride on the Hyperloop a shot?

Medicare questions that should be asked

It might be confusing for people who are newly eligible beneficiaries for Medicare. Navigating through different policies and their cost structure can be hectic and does draw out a lot of efforts. There are frequent questions asked by different people and here are answers to some of those questions:

Dental costs including routine check-ups, cavity fillings, cleanings, and root canals are not covered under original Medicare, that is, Medicare Part A and Medicare Part B. Medicare just cover dental costs in case of a serious health condition such as a broken jaw. However, Medicare Advantage plans cover certain dental care costs which vary from plan to plan.

AARP Medicare supplement Plans 2019

  • What does Medicare supplement Insurance guaranteed issue right mean?

Medicare guaranteed issue rights which are also known as Medigap protections are rights which protect a person’s ability to buy Medicare supplement plans (Medigap) at the certain situation through life. Insurance companies cannot deny selling the Medigap policies to the person with guaranteed issue rights on the basis of any health condition and should also sell it with the same benefits and premium rates as with other beneficiaries in the state. Guaranteed issue rights are available for the first 6 months after a person signs up for Medicare Part B. If for any reason a person is unable to apply during this time than the Medicare supplement plan might not be available for the person and even if insurance companies sell it, it might be after taking a medical underwriting.

  • How much premium increase can one expect?

The monthly premiums for original Medicare plans and Medicare advantage or plan D or Medicare supplement plans can increase over the years due to inflation or increase in health care costs in general. Other than that there might be other reason such as the method of pricing adopted by the insurance companies selling Medicare supplement plans.If the insurance company uses attained age pricing method than it will probably increase more than policies with community age pricing. It also depends on the state where a person lives in.

  • Is there a relationship between Medicare payment and higher income?

Yes, there is. The premium for Medicare Part B is based on the income reported in IRS tax returns and might be higher for people who earn more. However, there is also a maximum limit.

  • Can Part B coverage be deferred?

It can be deferred only if there is insurance through a current employer. But if the deadline for Part B is missed than a late enrollment penalty has to be paid.

  • What is the qualification for extra help?

People with limited resources can get help for paying premiums, deductibles, and copayments through Medicare’s extra help program nut the yearly income should be less than $18,120 and less than $14,100 in additional resources.

MEDICARE FROM AN ECONOMIC STAND POINT

In order to set in motion the economic discussion on Medicare advantage Plans 2019, we need to address the full extent of just what the nation is up against. Currently, unemployment, as well as the employed, self-employed, and business owners, has passed 10%, about 15 to 16 million people.   Find out more https://www.medicareadvantageplans2019.orgat Add another 6 to 7 percent to that, which includes the part-timers, disabled, retired, and those of working age who have stopped looking.

 

We are watching millions of Americans not drawing active paychecks. The closing of businesses, branch locations, shops, stores, retail, wholesale, and service sectors, adds to the severity of the overall problems. It is conceded that there are many who are drawing from savings, taking early pensions/Social Security income, receiving extended unemployment compensation, and retirees on full pensions. That said, the loss of productivity is simply staggering. All this decreases the taxes available from which cities, counties, states, and the federal government must fund budgets. Naturally, all this leads to ever worsening annual deficits and unfunded liabilities. Finally, federal government for the past 30 years has pursued deficit-spending policies which add to all of this.

 

Navigating Through Tough American Economic and National Health Care, Health Insurance Reform Issues tends to be tricky for consultants. From time to time, there is a need for guidance in Financial Services Practice; now is definitely one of those times. There are two distinct issues working in tandem which determine modifications in the future conduct of our business: The Economy and the Reforms. Here are ideas on how to navigate our way through the maze. This can most certainly be done. With care, thoughtful performance, and innovation, Financial Services Professionals can serve the general public and make the experience satisfying and profitable. Let’s begin with some commentary on the general economic circumstances first. Following that, we’ll take up the Reform issues, how to move through them, and how the way we advise members of the general public on savings, insurance, investment, and retirement concerns.

 

Care rationing is a matter of fact, already in place for some years, and will get more pronounced for everyone. There really is no other sustainable way to do any kind of reform in attempts to control steeply increasing costs of insuring seniors and those below age 65 yr. who can either not afford to be insured, can’t qualify, or act as though they don’t want to protect themselves by checking into their local hospital ER so we can all pay for that.

THE MEDICARE REVIEW

When considering Medicare Advantage Plans 2019, why not visit https://www.medicareadvantage2019.org/ your current health status is also considered by insurance companies. If you are already in poor quality health, it is safe to assume that you will continue to have health issues throughout your life. Your gender is also taken into account because one gender is sometimes more likely to contract certain illnesses more so than the other. Whether or not you use tobacco can play a role. It is a known fact that tobacco can lead to cancer and other health issues. Insurance companies see this as a risk, therefore, your premium could be higher if you do use tobacco products.

 

It is important to note that plans of this type are uniform in that a Medicare Supplement “Plan F” will have the same benefits whether it is sold by Company A or Company B. However, just because they are standardized in this way, that does not mean that each company will charge you the same premium for that particular plan. Rates are not only based on the factors listed above, but other aspects as well. It is essential to request many free quotes from different companies to obtain the best possible coverage at the best rate available to you. It is recommended that one use an independent advisor who can provide you with an unbiased outlook.

medicare advantage 2019

The most popular providers: Blue Cross Blue Shield, Forethought Financial, Marquette National, Gerber Life, Woodman of the World, Sentinel, Christian Fidelity, Great American, Mutual of Omaha. Seniors, such as your Medicare Supplement lead, have a host of insurance needs as they age. A lot of seniors are actually financially more comfortable than they will have you believe, having saved through a lifetime in the days when even private corporate jobs had generous health, retirement and pension benefits, when college tuitions were not sky high, and raising a family with a few kids did not mean being buried in debt.

 

Additionally, chances are pretty good that your Medicare Supplement lead paid anywhere from a third to a tenth for his house, relative to what it is worth today, depending on how early he bought it. And in many of these cases, their houses were paid off many decades ago and they are still paying property taxes based on a much lower cost basis. In other words, these prospects continue to enjoy a much lower property tax rate than their young neighbor who just bought years before.

Fun Outdoor Ideas for End of Summer

As the summer comes to a close and the leaves start to change, it won’t be long before the ground is covered with snow and you won’t want to leave the warmth of your house. Rather than sitting around looking over all your options for Medicare advantage plans, why not take advantage of the remaining days of beautiful weather with these ideas for some outdoor fun.

Find a scenic walking trail

We all fall into routines that can stress us out or leave us feeling underwhelmed at times. Whether that’s sitting in traffic, standing in line at the store, or stuck on the couch flipping through tv channels. Walking trails are a great way to escape the stresses of your normal, everyday routine while getting in a little exercise all at the same time.

 

It’is therapeutic, allowing you to take a moment to open your eyes and take in your surroundings. Many walking trails bring you past beautiful scenery or historical landmarks. Some may offer a challenge to accomplish such as rolling hills or climbing elevation. They may just lead you from one central location to another for shopping or food. Either way, they are a great way to step out of your element and enjoy nature. Stop and smell the roses for a bit.

Read a book on a cafe patio

Sometimes the best escape is a good book. If the weather is right, why not venture to a coffee shop nearby with a nice patio or a park bench with a relaxing view and soothing ambiance of flowing water. There’s nothing better than having a good cup of coffee in the sunshine and nothing to do on the agenda.

 

It doesn’t matter if the book is purely for pleasure or you’re feeling productive and want to teach yourself a new skill or subject you’ve heard people talking about lately. Being outside makes it that much more enjoyable. Plus, you also get the added perk of some quality people-watching time. That never disappoints.

Get your produce at a farm or stand

If you love to cook, nothing beats being able to pick your own fruits and vegetables or being able to buy them from straight from a local producer. You get the feel-good benefit of supporting your local economy while getting your food straight from the source. If you can enjoy all that while getting some time valuable outside time, you’ve had a fantastic day.

 

Don’t miss your opportunity to enjoy what’s left of the warm weather. Get outside, get active, and have some fun while you’re at it.

THE MEDICARE REVIEW

It is very possible that you can get the same coverage for 30% less just by shopping around. It’s also possible that you may not be comfortable with the coverage they have. Maybe they are willing to accept more risk. Are you? These are legitimate concerns that your neighbor is not going to be able to address. The bottom line is when it comes to Medicare supplement plans, the cost is a big factor. Would you pay more for the exact same car by purchasing it from one lot versus another? Why would you do the same with your Medicare supplement? The answer is that you wouldn’t if you were sure that the plan you have is the exact same coverage as the more expensive plan.

 

In reviewing Medicare Supplement Plans 2019, like those at https://www.medisupps.com/medicare-supplement-plans-2019/let’s address the various companies. There are over thirty companies approved to offer supplement plans in the state of Pennsylvania. A few of these companies you may have heard of, most of them you have not. Some companies pay millions for advertising so that you are aware they exist. They build a brand and establish trust simply through commercials. Other companies depend on their agents to educate clients and sell their products. Does it change the coverage? No, the plans are still the same. The companies are regulated the same. The only difference is that you are either working with a specific company through an 800 number or you are working with an agent who will meet face to face and explain things to you. If you go with the agent, you will generally get personalized serve and a less expensive plan.

 

In addition to Medicare, Medicare Supplement or Medigap plans help to cover what is not covered by traditional Medicare. Generally, senior citizens are enrolled in Medicare upon reaching the age of 65. While this governmental plan is a great one, it only covers 80% of approved medical costs. Many seniors seek to enroll in a Medicare Supplement plan to help cover the other 20% not covered by Medicare. Since ratings Medicare supplemental providers vary so greatly, it is always essential to do your research beforehand. Many different factors can play a role in what your actual premium price will be. Your age at the time of your application can make a difference because insurers assume that as you age, you are more likely to develop health issues.