Medicare Plan Premiums Premiums are the monthly charges paid for Medicare coverage. Part A Premiums Most beneficiaries receive Part A without a premium if they’ve worked in a Medicare-taxed job for at least 10 years (40 quarters). For those who don’t qualify for premium-free Part A, the 2024 monthly premiums range from $278 to $505, depending on […]
Introduction As the population ages, the need for quality healthcare services continues to grow. For many seniors and individuals recovering from illnesses or injuries, home healthcare plays a crucial role in maintaining their well-being. In this blog post, we’ll explore the intersection of Medicare and Home Healthcare, highlighting eligibility criteria, covered services, and what you […]
Supplemental Medicare Insurance: Your Guide to Medigap Coverage Supplemental Medicare insurance, commonly known as Medigap, Medicare Supplement, or Med Supp, is offered by private insurers to those eligible for Medicare. Typically, Medicare covers around 80% of approved medical expenses, leaving beneficiaries to handle the rest. Medigap plans aim to cover that remaining 20%, thereby reducing out-of-pocket costs […]
Navigating Medicare Appeals: A Comprehensive Guide for 2024 Navigating the intricacies of Medicare coverage can be a smooth sail for some, yet a challenge for others, particularly when facing denials. It’s crucial for clients to know that if they encounter a denial, they possess the right to appeal. This guide aims to demystify the Medicare […]
Medicare Part D Changes in 2025: Understanding the New ‘Smoothing’ Payment Plan As we approach 2025, significant changes are on the horizon for Medicare Part D beneficiaries. Gr8 Medicare Solutions is here to guide you through these updates, ensuring you understand and can take full advantage of the new measures designed to ease your prescription drug costs. […]
In general, a Medicare Advantage plan is a health plan option approved by the Centers for Medicare & Medicaid Services (CMS) and operated by a private insurance company. Sometimes, you will hear a Medicare Advantage plan called a “Medicare Part C plan” or a Medicare Health plan. A Medicare Advantage MAPD (or MA-PD )includes Medicare […]
Medicare With Employer Coverage There are a number of rules to be aware of when it comes to applying for Medicare with employer coverage. It is important to understand the valid waivers for Medicare part B for individuals who are working at age 65 or older. We will review the rules, how to apply for […]
Medicare Part B Enrollment Rules 2023 Medicare Part B Enrollment Rules 2023 There are a number of changes to the Medicare Part B enrollment rules 2023. All the changes make it easier for a beneficiary to enroll in Part B if they are in a delayed B enrollment situation. We will go over the rules […]
The Inflation Reduction Act will save money for people with Medicare by improving access to affordable treatments and strengthening the Medicare program. Here is what the law means for you: Lower drug costs & improved Part D coverage The cost of a month’s supply of each Part D-covered insulin will be capped at $35, and you […]
Medicare Annual Enrollment Period explained The Medicare Annual Enrollment Period – AEP for short – is a set time each year for changing your Medicare coverage choices if you choose to. AEP runs from October 15 to December 7. New coverage choices go into effect on January 1. What changes can I make during the […]
