The price of insulin for senior citizens with diabetes has long been a point of contention between consumers and insurance companies. CMS states, “One in every three Medicare beneficiaries has diabetes, and over 3 million use at least one or more forms of insulin.” Medicare beneficiaries need a broad set of affordable insulins available to them, this has not been the case … [Read more...]
Important Updates to Medicare You Should be Aware Of
As soon as you finally start understanding all the ins and outs of Medicare, they go and change it on you. Medicare is modified each and every year. This year, in 2019, there have been quite a few beneficial changes made in regard to Medicare Advantage plans. Medicare Advantage plans have new benefits as well as a new enrollment period. There are also a few new updates … [Read more...]
Medicare Annual Election Period Do’s and Don’ts Boomers Need to Know
For those currently on Medicare, there is no doubt that your mailbox and even your television are full of ads about which plan you should enroll in for the Annual Election Period. The plan changes made during this Annual Election Period will go into effect on January 1st, 2019. The Medicare Annual Election Period, also known as AEP, is the time of year Medicare … [Read more...]
Medicare Late Penalties & Fees Boomers Need to Know About
When you become eligible for Medicare it can be overwhelming. There are many parts to Medicare, the scariest part of it all is the late enrollment penalties. There is a late enrollment penalty for just about everything with Medicare. Part A, B, and D have late enrollment penalties. Then If you don’t enroll in a Medicare Supplement plan during the initial Open Enrollment … [Read more...]
What You Need to Know about the New Medicare Cards
Baby boomers currently enrolled in Medicare will soon begin to receive new Medicare cards. The Centers for Medicare & Medicaid Services (CMS) will be assigning all Medicare enrollees a new Medicare Beneficiary Identifier (MBI), as well as sending them a new card. Here’s what baby boomers should know about the new Medicare cards and what changes to expect. Why New … [Read more...]
