What to know about both Medicare and Soc...

When covering the bases, you want to learn about your options for Medicare and Social Security. How old do you have to be or at what age is a person eligible for Medicare? This is a good question since Social Security says full retirement is at age 66. Does this mean Medicare benefits begin when your reach the age 66? This question is asked by many people because the Social Security “retirement age will vary”. Some people will choose to opt in at age 62. They receive a smaller amount than if they had waited until the reached the “full retirement age.” Full retirement will...

Vendors may be partnering with Medicare

New Medicare Rules allowing Advantage plans the ability to offer additional supplemental benefits my open the door for new vendors to work with health insurers. Trump’s new rules could help boost companies like Walmart and Amazon’s ability to work with insurers. Medicare Advantage plans historically could not include items like wheelchair ramps or dehumidifiers as well as rides to places like the local grocery store as part of the benefits included with traditional coverage. Traditional coverage for hospitalization and physician services or drug coverage. Contracted with...

Medicare benefits may start including Ub...

More supplemental benefits will be included in Medicare Advantage plans by insurers as allowed by the new rules. The doors may be opened to millions of rides sharing trips.  This would be using Lyft or Uber for appointments to doctors, clinics, or pharmacies available to millions of elderly Americans. To improve quality of life; the benefits of ride sharing companies are being talked about amongst the health insurers as possibilities. This has only been since (CMS) Centers for Medicare & Medicaid Services decided to reinterpret the standards to health-related...

Medicare Advantage beneficiaries will no...

New benefits that may be offered to the Medicare Advantage coverage once the new federal rules have taken effect in the next year. For example, air conditioners for those with asthma, rides to appointments, healthy groceries, and home delivered meals. Centers for Medicare & Medicaid Services has expanded its definitions for “primarily health related” benefits which health insurers are permitted to include for Medicare Advantage policies. These extras would be included by insurers that is on top of traditional Medicare benefits. More supplemental benefits for...

Precautions to take with new Medicare ca...

Senior citizens need to be careful as the new Medicare cards come to not full victim to many scams out there. In an effort by the federal government; they have started mailing the new cards which have an 11-digit identification number for each enrollee to replace your Social Security number. About 59 million beneficiaries will receive the cards automatically in the next year. It is important seniors make sure their address is current and up to date with the Social Security Administration. Required by Congress, the Centers for Medicare & Medicaid Services had until...