Inflation Reduction Act Impact on Medicare Part D for 2025
The Inflation Reduction Act, signed into law in 2022, has brought significant changes to various sectors of the American economy, including healthcare. One of the most impactful changes is the introduction of caps on out-of-pocket costs for Medicare Part D beneficiaries and the smoothing of these costs over the year. These measures aim to alleviate […]
Understanding Medicare’s Preventative Services: A Crucial Component of Health Care
Medicare is the federal health insurance program primarily for individuals aged 65 and older. One of the essential aspects of Medicare is its focus on preventive services. Preventive services are healthcare services aimed at preventing illnesses or detecting health issues at an early stage when they are most treatable. These services are crucial for maintaining […]
Navigating Medicare and Hospice Care: Understanding Costs and Coverage
Navigating the complexities of Medicare and comprehending its provisions regarding hospice care can be daunting, especially for individuals and families facing end-of-life care decisions. Medicare, the federal health insurance program primarily for people aged 65 and older, covers a broad spectrum of services, including hospice care for terminally ill patients. However, understanding how hospice care […]
Navigating Health and Wellness Resources for Medicare Beneficiaries
In an era where health is wealth, access to comprehensive resources is especially important for Medicare beneficiaries. As individuals age, prioritizing health and wellness becomes increasingly crucial. Fortunately, Medicare offers a variety of resources to assist beneficiaries in achieving and maintaining their well-being. Understanding Medicare Coverage Before delving into additional resources, it’s essential to grasp […]
Medicare and International Travel
Traveling abroad can be an exciting adventure, but it also comes with a host of considerations, especially for individuals who rely on Medicare for their healthcare needs. Medicare is a federal health insurance program in the United States primarily designed for individuals aged 65 and older, as well as certain younger individuals with disabilities. While […]
Medicare and Telehealth
The Revolutionary Integration of Telehealth in Medicare Over the past few years, the world has seen many incredible technological advancements, but the one that has truly stood out in the realm of healthcare is telehealth. This remarkable development has transformed the way medical services are delivered, and its inclusion into Medicare promises to usher in […]
Medicare and COBRA
Medicare and COBRA (Consolidated Omnibus Budget Reconciliation Act) are two separate programs that provide health insurance coverage in the United States. COBRA allows individuals to keep their employer-sponsored health insurance after experiencing a qualifying event like job loss or reduced hours, while Medicare provides health coverage for individuals aged 65 and older, as well as […]
Understand How Medicare Impacts Your HSA Bank Account
For people who are still covered under job-based health insurance and enrolled in a High Deductible Health Plan coupled with a Health Savings Bank Account (HSA), or for those people enrolled in Medicare who have money they previously set aside in an HSA, this article has been written for you. What is an HSA? An […]
Medicare’s What’s Covered App
Clients often ask if a specific service or treatment is covered by Medicare. One of the tools we use to help research these inquiries is Medicare’s “What’s Covered” app. The What’s Covered app is a tool developed by Medicare that helps beneficiaries easily understand what services and treatments are covered under their plan. This app […]
How Can Medicare Advantage Part C Plans Be $0 Premium?
It’s almost impossible to watch television today without seeing a Medicare advertisement promoting a $0 premium Medicare Advantage plan. Have you ever wondered how an insurance company can offer a plan for no additional cost, and why they just don’t call these plans “free?” Let me explain. Original “fee-for-service” Medicare has several risks or coverage […]