I found an interesting video at http://youtu.be/693XQSujAh8 … So I briefly summarized it for my History buff followers and those of you who are interested in how Medicare became part of our daily lives: Because of the depression the elderly were so dependent on their children, they were not able to pay for their hospital and …
Tag Archive: out-of-pocket
Jan 05
Is Plan F Changing? Prepare now …
Medicare Supplement Plan F has been under a lot of review lately as regulators question the ever increasing costs to our healthcare system because of insurance plans that offer first-dollar coverage. The Medicare Supplement Plan F is the most popular plan, because it is the most comprehensive. Facts show approximately 20% of Medicare recipients purchase …
Nov 29
Medicare beneficiaries face increases in 2013
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. …
Nov 08
Medicare Part D Penalty
If you did not enroll in Part D of Medicare, you may owe a late enrollment penalty if your initial enrollment period is over and there has been more than a 63 day gap. Part D late enrollment penalty | Medicare.gov. You can avoid the penalty in some cases if you have creditable prescription drug …
Oct 12
Supplemental Accident … Why do you need it?
Ahhhh … the big question … I have major medical … Why do I need an accident policy? Well let’s start with the obvious. You and I both know we can’t prevent EVERY accident. But what we can do is try to protect ourselves, our family and our income. That’s right. I said INCOME. …