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Medicare A & B Part D Prescription Drug

Changes to the NY Medicare Savings Program in 2024

If you are enrolled in Medicare Parts A and B and have limited income you may be able to get assistance with your health care costs through a Medicare Savings Program (MSP)  If eligible, you will receive help paying the Medicare Part B premium, (currently $174.70) and automatically get Extra Help, the federal program that […]

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Webinar Reviews

Delaying Medicare Part B

Diane turned 65 in April 2023, however, declined the Medicare Part B coverage as she chose to remain working and insured through her employer’s group health plan. In mid November, she decided her retirement date would be year-end and asked about Medicare Supplement plan to become effective in six weeks, January 1. I advised that […]

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Medicare supplement

What is a 2024 High Deductible Medicare Supplement Plan?

When a hospital or medical claim is submitted to Original Medicare, Medicare first determines whether the claim is approved or not and then assigns an “allowed amount.” However, Medicare may not pay that allowed amount in full. Beneficiaries are responsible for the Part A deductible, Part A co-pays, the Part B deductible and Part B […]

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Medicare Medicare A & B

Medicare Tips: Part B

Unlike Medicare Part A, which covers inpatient care in a hospital, skilled nursing or hospice facility, Part B covers through outpatient care, services from doctors and other providers, durable medical equipment and many preventative screenings. Individuals already receiving Social Security benefits are automatically enrolled in Parts A and B effective the first day of the […]

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Medicare A & B Part D Prescription Drug

Changes to the NY Medicare Savings Program in 2023

If you are enrolled in Medicare Parts A and B and have limited income you may be able to get assistance with your health care costs through a Medicare Savings Program (MSP)  If eligible, you will receive help paying the Medicare Part B premium, (currently $164.90) and automatically get Extra Help, the federal program that […]

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Medicare A & B

Medicare 2023 Parts B and D IRMAA Premiums

2023 Medicare “Income Related Monthly Adjustment Amount” to Part B and Part D Premiums The 2023 standard monthly premium for Medicare Part B beneficiaries is $164.90. However, it seems from the number of client calls we have received this week many will be charged an additional Income Related Monthly Adjustment Amount (IRMAA) for Parts B and D […]

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Medicare A & B Part D Prescription Drug

Medicare Covered my COVID-19 Test Kit – $0 copay

Recently I’ve been hearing conflicting stories on whether COVID-19 over-the-counter test kits are covered by Medicare and, if so, what card should members present for billing. (Previously, we could order kits free of charge through the federal government but that has ended.) And so I went in to my local CVS (my drug plan’s preferred […]

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Medicare Medicare A & B Medicare supplement Part C Medicare Advantage Part D Prescription Drug

About the Medicare Annual Enrollment Period

The Medicare Annual Enrollment Period, from October 15th through December 7th, is when Medicare beneficiaries can enroll in or change their Medicare Advantage (Part C) or Medicare Prescription Drug (Part D) plan to take effect January 1. Some Important Tips to Consider if you are now enrolled in a Medicare Advantage (Part C) Plan: Yes, […]

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Medicare A & B Medicare supplement

Medicare 2022 Part A, Part B and IRMAA Premiums

The Centers for Medicare & Medicaid Services (CMS) has set the premium amounts for Medicare Part A and Part B for the calendar year 2022. 2022 Medicare Part B Premiums The 2022 standard monthly premium for Medicare Part B beneficiaries is $170.10, a $21.60 increase from the $148.50 standard amount for 2021.   2022 Medicare […]

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Medicare A & B Medicare supplement

Medicare 2021 Part A and Part B: Premium and Deductible Changes

[This page is best viewed in landscape mode] On November 6, 2020, the Centers for Medicare & Medicaid Services (CMS) released the 2021 premiums, deductibles, and coinsurance amounts for the Medicare Part A and Part B programs. Medicare Part A Medicare Part A covers inpatient hospital, skilled nursing facility, and some home health care services. […]