RetireMEDiQ strives to keep individuals informed about the latest Medicare news. Each month, we recap the top information consumers need to know about recent developments in the Medicare industry and how it may affect you. 2019 Social Security Cost-of-Living Adjustment Predicted to Be Largest in Years Next year’s cost-of-living adjustment (COLA) is expected to be around 3 percent; the 2018…
Every day, we interact with insurance companies on behalf of clients to resolve billing issues and get answers to plan-related questions. We know first-hand that contacting large companies can sometimes be tricky, which is why we are always ready to make those calls on your behalf. But, for situations in which you prefer to call your insurance company directly, we’ve…
Medicare’s Annual Enrollment Period (AEP) is October 15 to December 7, and during this time Medicare fraud is heightened. Throughout AEP, it is especially important to be vigilant in protecting your personal information from potential scam artists. Your safety is our priority! Below is a list of Medicare coverage “Don’ts” that our RetireMEDiQ Client Advisors recommend you keep in mind…
There’s no denying it. Prescription drugs can cost a lot of money. In fact, a Consumer Reports article stated: “In 2016 total drug costs went up 6.3 percent compared with the year before, about three times the rate for other goods and services, according to the Department of Labor. The amount consumers have to pay out of pocket is also rising, from about…
There are hundreds of Medicare plan options available to you, and it doesn’t help that health insurance terminology can sometimes seem like another language! Understanding some common insurance terms can help you navigate through your options, prepare for the bills you’ll have and ultimately feel confident with your eventual plan choice. We’ve defined five common terms you will need to…
You Can Count on Us! At RetireMEDiQ, we provide lifelong support to our clients! Our Client Services team is comprised of licensed experts who provide support and advocacy for our clients related to: plan, prescription and provider questions; cost-savings analysis; billing issues and much more. We’d like to share a recent success story from our Client Services team! We’ve made minor changes to protect…
RetireMEDiQ strives to keep individuals informed about the latest Medicare news. Each month, we recap the top information consumers need to know about recent developments in the Medicare industry and how it may affect you. New Short-Term Health Insurance Plan Options There will be more new options for short-term health coverage for pre-65 retirees and their spouses, available in 2019.…
Every year, your insurance carrier sends an Annual Notice of Change or ANOC, which outlines the benefits included in your Medicare Advantage or Prescription Drug plan for the upcoming year. Medicare beneficiaries can expect to receive their ANOC no later than September 30. We strongly encourage you to review this document for awareness and to understand any changes to your plan’s…
Medicare Advantage HMO (Health Maintenance Organization) plans commonly require doctor referrals. If you are on this type of plan, you may need a referral from your primary care physician (PCP) in order for you to see a specialist. The referral system is in place so that your PCP can coordinate your medical care. 1. What is a Referral? A referral…
You’re Not Alone! We’ve Got You Covered. We serve clients like you for life so you can get back to doing what you love! We’d like to share a recent client success story from our Client Services team. Although we’ve made minor changes to protect the identities of those involved, this is a real example of how our team serves…