Our clients often ask about home health coverage as part of Original Medicare or their Medicare plan. Put simply: yes, home health care is covered by Medicare. But there are some important guidelines you should keep in mind regarding home health care coverage. Eligibility In order to be eligible for home health care, whether you’re on Original Medicare or a…
We strive to keep you informed about the latest Medicare news. Each month, we recap the top information you need to know about recent developments in the Medicare industry. This month, we cover a bill that, if passed by Congress, will allow Medicare Medicare beneficiaries to contribute to HSAs, Medicare-covered services and an estimate for the 2020 cost-of-living adjustment! Did…
As each year progresses, many retirees with high drug expenses worry about entering the Medicare Part D Donut Hole. What is the Donut Hole? The formal term for this period is called the “coverage gap.” It was originally called the donut hole or coverage gap because it refers to a gap in Medicare Part D prescription coverage. When Medicare beneficiaries reach this…
Do you know how much you should have saved for health care in retirement? If you’re not sure, you are not alone. Many people have no idea what they will spend on medical expenses in retirement. It is important to do the math ahead of time because most people are financially unprepared. The majority of Americans have insufficient retirement savings… if any at all! Each…
We strive to keep you informed about the latest Medicare news. Each month, we recap the top information you need to know about recent developments in the Medicare industry. This month, we cover potential services to be covered under Medicare in the future, a new online tool from Medicare.gov and more! Recently Released Estimates for Total Lifetime Health Care Costs…
The cost of prescription medications is often a big concern when budgeting for health care expenses, and rightly so! Part of the challenge is that prescription costs can change even when your plan does not. On Medicare plans that include Part D Prescription Drug coverage, you are usually responsible for paying a copay for your medications. Often, this will give…
Veterans who have served in the military are entitled to free government-funded health care, as they should be. But what you might not know is that you can get additional coverage and have access to more providers in addition to the VA for no monthly premium. Many veterans have enjoyed the options of Medicare Advantage plans since they receive more…
Retiring comes with a long list of tough decisions you will likely have to mull over for quite some time. Where you’ll retire might be one of these difficult choices. Deciding the best place to retire might involve coordinating with your children to be closer to them and your grandchildren, considering what cities have a lower cost of living or…
We strive to keep you informed about the latest Medicare news. Each month, we recap the top information you need to know about recent developments in the Medicare industry. This month, we cover Medicare coverage when traveling, a recent scam alert and Social Security premium deductions! Traveling with Medicare – Are You Covered? Domestic Travel The good news is that…
During the summer months, many of us look forward to traveling with family and friends. We often speak with clients who question whether they will have coverage while traveling, especially in the case of an unforeseen emergency. It’s important to know what your Medicare plan covers just in case. Domestic Travel The good news is that for those with Original…