A recent study was released on average costs for hospital stays for people in a Medicare Advantage plan. Some of the comments in the article might make someone fear getting a Medicare Advantage plan the way the hospital costs are explained. In short, these plans are good for people who are relatively healthy, whose doctor participates in the plan’s network and enjoy the low premium costs ($0 in some cases). While there is a cap on costs called an Out-of-Pocket-Maximum, some people could hit the caps which range from around $3500 to $6700. Supplements are a good alternative for people concerned about networks and out of pocket costs, but will pay a higher premium. A link to the article is listed below.
If you have questions about Medicare, contact David Higgs at ChoicesInMedicare.com
You may have heard about the new Medicare “Doc Fix” bill. You may not have heard they included a change to Medicare Claim numbers. In short, they will eventually stop using the Social Security number as the key Medicare ID number. This change will take up to 4 years to change newly issued cards and up to 8 years to replace existing member cards. This will be a good change. Read more about it by clicking the link to the article below.
THE OFFICIAL MEDICARE OPEN ENROLLMENT PERIOD ENDED DEC 7TH. SOMEONE WILL NOW NEED A SPECIAL ELECTION PERIOD TO ENROLL IN A MEDICARE PLAN UNTIL NEXT AEP. AS IT CAN BE OVERWHELMING TO COMPARE AND ANALYZE THE DIFFERENT OPTIONS, WE HELP AND AT NO COST TO THE CLIENT. GO TO WWW.CHOICESINMEDICARE.COM.
ONLY THREE MORE WEEKS REMAIN FOR MAKING CHANGES TO YOUR MEDICARE PLAN. WE ARE NOW IN THE OFFICIAL MEDICARE OPEN ENROLLMENT SEASON CALLED AEP WHICH RUNS FROM OCT 15TH TO DEC 7TH. THIS IS THE TIME WHEN MEDICARE BENEFICIARIES CAN ENROLL, DROP OR CHANGE THEIR MEDICARE ADVANTAGE OR PART D PRESCRIPTION PLAN. AS IT CAN BE OVERWHELMING TO COMPARE AND ANALYZE THE DIFFERENT OPTIONS, WE HELP AND AT NO COST TO THE CLIENT. GO TO WWW.CHOICESINMEDICARE.COM.