Yes, we all heard the President say … Medicare isn’t changing. But guess what, it is. In January 2013 (next month) Medicare beneficiaries will face higher deductibles, higher daily co-payments, and also the Part B premium will increased slightly. According to Mutual of Omaha Insurance company, a provider of Medicare supplement plans and the U.S. Department of Health and Human Services.
See the “un-official” chart below.
In addition, the increases will also affect your retiree health care plans which coordinate with Medicare to pick up the costs that Medicare does not cover. It may be a good time to shop around for a Medicare supplement. When you are coming off of group coverage, you generally have a guarantee issue period where you will not have to answer medical questions; depending on which state you are in and if your current coverage is creditable – this can be different from your group’s open enrollment or annual enrollment. Call us or go online today to see what your options are 866-756-6199 or www.eMedigap411.com
Read more at Business Insurance
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