Medicare
As we approach 2025, several key changes to Medicare are on the horizon that could impact millions of beneficiaries. Understanding these updates is crucial for making informed decisions about your healthcare. What do you need to know about Medicare changes for 2025? Making prescription drugs more affordable One of the most significant changes is the…
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The 2025 Medicare Open Enrollment period is here! It runs from October 15 to December 7, 2024. During this time, Medicare beneficiaries can review their current coverage and make changes that will take effect on January 1, 2025. Seniors can switch from Original Medicare to a Medicare Advantage plan or vice versa, change Medicare Advantage…
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Have you heard of Medicare’s 3-day hospital inpatient status rule? No? Well, you’re not alone. While the terminology may appear daunting, it holds significant implications for beneficiaries of Medicare, particularly those seeking skilled nursing facility (SNF) care after a hospitalization. Inpatient status is imperative To be eligible for Medicare coverage of SNF care , at…
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This month, we are taking the time to do a deep dive into Medicare and the open enrollment process. Last weeks blog reviewed the four different parts of Medicare. Today, we will share some practical information to help you on your journey. This Medicare open enrollment FAQ, can clear up some myths, answer some basic…
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Relax in your favorite chair, grab your pumpkin spiced latte and light the logs in the fireplace…. it’s time to research your Medicare options for 2024. Medicare open enrollment is here. So let’s dig in and look at what are the parts of Medicare and what does each part cover. Medicare has 4 Different Parts…
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It’s that time of year again when the leaves are changing, and the healthcare landscape is shifting. Yes, you guessed it – it’s Medicare Open Enrollment season! What do you need to know to navigate Medicare open enrollment in 2024? Understanding Medicare Open Enrollment Let’s break it down. What exactly is Medicare Open Enrollment? Well,…
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Last week the Biden administration unveiled a list of the first 10 medicines that will be part of price negotiations with Medicare. The negotiations were included in the 2022 Inflation Reduction Act. This negotiation program is being fought by pharmaceutical companies but should be a ‘win’ for seniors and Medicare. Lowering perscription drug prices for…
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Many seniors live on a fixed income and living costs continue to rise. The good news is there are Medicare Savings Programs that provide premium relief to those with limited income and assets. There are four different Medicare Savings Programs with the Qualified Medicare Beneficiary (QMB) program being the most robust program. What is the…
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Happy New Year! After another tumultuous year of supply chain disruptions, high inflation and grocery prices, retirees will welcome some financial relief with an increase in their social security checks. Social Security Check Increase Social Security beneficiaries will receive an incredible 8.7 percent increase in their monthly checks in 2023. This is the largest cost…
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Fall…leaves changing, pumpkin spiced treats, and…. Medicare open enrollment! Most of the seniors we serve are covered by Medicare but scratch their heads when trying to decipher what the different “parts” of Medicare cover, how to enroll, and what the costs are. What are the “parts” of Medicare and what does each cover? Part A…
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