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Medicare Advantage Providers Getting Rich?

Posted by AnaLise  Published in supplement plans

  It has been discovered that private Medicare providers underestimated the profits that they will receive or have received, which will inflate the government reimbursement rate.
The Government Accountability Office (GAO) states that the private Medicare Advantage plans on average reported spending 85.7% of incoming revenue on medical expenses in 2005 but in actuality, they had [...]

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Shingles Shot Covered By Medicare Part D

Posted by AnaLise  Published in supplement plans

If you have ever suffered from shingles, you know how painful it can be.  Shingles is extremely debilitating, especially to the elderly.  It usually starts with extreme pain on one side of the body.  This pain can include severe itching, tingling, burning, constant aching, or deep shooting pain.  Usually between 1 – 3 days after [...]

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Seniors Bankrupted by Loss or Lack of Coverage?

Posted by AnaLise  Published in supplement plans

With the economy as it is including gas prices rising upward every day, the last thing seniors need is to not be able to afford their medical care, however, we know that this is a huge issue in this country and a huge election issue as well.
Studies are showing that seniors, who need medical care [...]

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Can Doctors and Hospitals Mess up Medicare Bills?

Posted by AnaLise  Published in supplement plans

It hardly seems that there should be too many problems with Medicare and Medicare Supplement charges by doctors and hospitals.  After all, you basically put in a code, the doctor and treatment information or hospital information and turn the claim in within the three month period that is allowed.  Right?  WRONG.
One thing that has been [...]

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Medicare Part D Coverage Can Be Confusing

Posted by AnaLise  Published in supplement plans

So you are supposed to get your prescriptions covered by Medicare Part D.  You’re not sure what it covers or how much it costs and the information isn’t easy to understand.  Here’s a simple rundown about how it works.
Medicare Part D covers prescriptions because they are not covered through the original basic Medicare plan.  There [...]

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Is Long Term Care Still an Option?

Posted by AnaLise  Published in supplement plans

Long term care has long been an important issue that needs to be addressed and has been debated many times.  With Medicare and Medicaid systems under so much financial strain and with proposals in the works for revisions and provisions, it seems that Congress on both sides of the aisles is grappling with the issue [...]

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Medigap Insurance Covers Gaps

Posted by AnaLise  Published in supplement plans

Medigap Insurance, also called Medicare Supplemental Insurance was designed to cover expenses that are not covered by Medicare.
There are lots of questions by individuals on Medicare about what it covers and how it is covered.  In addition, in light of recent issues in Congress trying to sort out the Medicare situation, people are quite confused [...]

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Medicare Part B Premiums Steadier than Supplemental Plans

Posted by AnaLise  Published in supplement plans

Things are tough all over.  They are toughest on individuals with low incomes and fixed incomes, especially seniors.  When you consider the cost of the basics, it becomes very difficult for seniors to afford much more.  Medicine – or even a movie – has become a luxury.  This is a dilemma in the U.S. because [...]

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Public Insight Group Wants Your Medicare Advantage Opinion

Posted by AnaLise  Published in supplement plans

Many older Americans are enrolled in Medicare and have chosen the Medicare Advantage Plan as a supplement in order for them to be able to go to their own doctors.  It is estimated that about 20% of Medicare recipients are enrolled in Medicare Advantage, and an organization named the Public Insight Network is working to [...]

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Medicare Part D “Donut Hole” Hitting too Many Seniors

Posted by AnaLise  Published in supplement plans

There have been stories, one after the other, of seniors who have Medicare Part D prescription coverage, but are running into terrible financial issues once they hit the threshold where they end up having to pay over $3,200 in self-absorbed prescription charges.
I read a story about a man who is over 90 years old, worked [...]

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Physicians Didn’t Know about Drug Benefits for Low-Income Patients

Posted by AnaLise  Published in supplement plans

There has been much discussion about low income individuals having to choose between their prescriptions and food, often taking lower doses of the prescription drugs, thus allowing their health conditions to get worse.
There is – and has been – a remedy for the situation, only few doctors or Medicare recipients knew about it.  The remedy [...]

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Outreach to Help with Low Income Medicare Drug Benefits

Posted by AnaLise  Published in supplement plans

It is no secret that there are many Medicare beneficiaries who have very low incomes and cannot afford prescriptions, nor can they afford the coverage that would pay for them.
The Center for Medicare and Medicaid Services (CMS) is aware of this and is being proactive in trying to deal with the issue.
CMS has launched a [...]

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