The ABCs of Medicare: Medicare Basics
This is the first article in a series of articles discussing the basics of Medicare. Today’s article is an introduction to Medicare, including who qualifies, what expenses are covered and how to enroll. Look for more “The ABCs of Medicare” articles soon.
Medicare has a variety of premiums, deductibles and co-pays. You’re probably familiar with these terms as most traditional health insurance plans have them also. However Medicare has premiums, deductibles and co-pays for each part, making it difficult to figure out how much you will pay for medical care.
Continue reading to learn more about the costs of Medicare…
Part of the fiscal cliff deal was to delay the Medicare reimbursement cuts that doctors were facing. Before the so called “doc fix” physicians who work with Medicare patients were facing a 27% pay cut in 2013.
Congress delayed the pay cut for this year, but the issue will come up again next year, and every year, until a permanent change is made.
Click here to read more about how the fiscal cliff deal affects Medicare…
The Medicare open enrollment period is October 15 through December 7. If you would like to add or change your coverage now is the time to do so. You can sign up for Medicare Advantage during open enrollment, sign up for a prescription drug plan or change any existing coverage you currently have.
To learn more about what you can do during open enrollment, click here.