The Centers for Medicare & Medicaid Services (CMS) is offering a time-limited opportunity for Part B equitable relief for people enrolled in Marketplace plans who mistakenly delayed or declined Medicare Part B because of being given mis-information or mistakes regarding tax credits or other subsidies. This mis-information could have been from a Medicare representative, Social Security rep, or someone else acting on the government’s behalf, such as a Medicare Advantage plan customer service rep.
The 2010 Affordable Care Act (ACA) included many provisions affecting the Medicare program and the 57 million seniors and people with disabilities who rely on Medicare for their health insurance coverage. Such provisions include reductions in the growth in Medicare payments to hospitals and other health care providers and to Medicare Advantage plans, benefit improvements, payment and delivery system reforms, higher premiums for higher-income beneficiaries, and new revenues.
Be aware that Medicare WILL NOT call you on the phone and fraud is already happening as crooks call in an attempt to "verify information" and thereby steal your identity.
When Medicare replaces the SSN on all Medicare cards, they can...
A recent report says many Medicare buyers of Advantage plans are confused. A Wall Street Journal article discusses the confusion and recommends the Medicare Health Insurance Counseling and Advocacy Program as an unbiased source for help.
HICAP is California state's acronym for the national SHIP program. Individual unbiased counseling is available through a volunteer trained and registered through the Department of Aging. Counseling sites are spread throughout communities located in every county nation wide so beneficiaries can receive local help and advocacy.
Medicare has announced the new premiums for 2017. The Part B monthly premium will be $134.00 for some beneficiaries and $104.90 for others in the "hold harmless" category. The Part B annual deductible will be $183.00. For those with a Part A premium, there are increases depending on the number of quarterly contributions made. The Part A deductible per benefit period will be $1,316. Income related monthly premium rate adjustments have also increased. For detailed information, contact HICAP for an unbiased appointment with a counselor in your community to understand how these 2017 changes affect you.
While health care has not been central to the 2016 Presidential campaign, the election’s outcome will be a major determining factor in the country’s future health care policy. A number of issues have garnered media attention, including the future of the Affordable Care Act (ACA), rising prescription drug costs, and the opioid epidemic.
Prescription Drugs are a large part of Medicare expense.
Each year prescription Part D drug plans change their premiums, formularies, deductibles and plan details. HICAP offers a free and unbiased service to assist you in reviewing your many Part D options so you can make an informed decision and not pay more then you have to.