UPDATE: Medicare officials are delaying the mail out of the new Medicare cards to ramp up security measures and protect beneficiaries against fraud.
The hard cap on outpatient physical, speech and occupational therapy under Medicare Part B is no more. Congress ended the two-decade long battle of making exceptions for therapy cap limits when the new federal budget passed in early February of this year. Currently, Medicare beneficiaries will no longer have to worry about receiving medically necessary services […]
The Centers for Medicare & Medicaid Services (CMS) are removing Social Security Numbers from Medicare cards to help prevent fraud, fight identity theft and protect taxpayers with Medicare. Medicare cards will now have a new Medicare Number, called a Medicare Beneficiary Identifier (MBI), that is a unique number to you and it will replace the […]
Retirement comes with its own set of questions and things to look out for, especially with health insurance coverage for individuals who are eligible for Medicare. Retiree insurance coverage offered by a former employer or a retiring spouse’s employer is not a mandatory benefit, and the sponsoring employer may change premiums and benefits or cancel […]
Date: 2016-11-10 Title: 2017 Medicare Parts A & B Premiums and Deductibles Announced Contact: email@example.com 2017 Medicare Parts A & B Premiums and Deductibles Announced Today, the Centers for Medicare & Medicaid Services (CMS) announced the 2017 premiums for the Medicare inpatient hospital (Part A) and physician and outpatient hospital services (Part B) programs. Medicare […]
Health insurance can be confusing for many Wisconsin seniors and their families. Here are a few tips on what you should know before talking to a Milwaukee health insurance agent. What Is Medicare Advantage? Medicare Advantage, or Part C plans, aren’t provided by the government. They’re actually offered by private companies that have been approved […]
Medicare Advantage plans and prescription drug plans are about to go into their Annual Open Enrollment Period (OEP). There are several reasons to review your Wisconsin 2016 plan with a licensed insurance agent each year. Many individuals on Medicare in Wisconsin for plan year 2016 are currently enrolled in one of these top three: AARP […]
Some individual taxpayers are able to claim an itemized deduction for their qualified medical expenses, including medical insurance plans premiums. In order to qualify, the qualified expenses must surpass 10% of an individual’s yearly-adjusted gross income. This percentage lowers to 7.5% if you or your spouse reached the age of 65 or older as of […]