If you are getting close to your 65th birthday, you need to know how to avoid Medicare mistakes. Some mistakes can be difficult to repair and may end up costing you money. Let’s start by explaining what original Medicare is; Original Medicare is a health insurance program offered by the federal government. There are 2 […]
The Medicare Supplement Open Enrollment Period (OEP) is a crucial opportunity for individuals enrolled in both Medicare Part A & Part B to enroll in a Medicare Supplement (Medigap) plan without facing medical underwriting or higher premiums based on their health conditions. This six-month period begins the first day of the month their Medicare Part B is […]
Enhancements To Medicare Advantage 2024 The Centers for Medicare and Medicaid Services (CMS) regularly reviews the regulations that govern the provision, sale, and use of Medicare and Medicaid. CMS analyzes the experiences of both the government-contracted insurers and the beneficiaries who purchase the insurance plans. Any amendments CMS proposes take effect in the following year. […]
Medicare, the federal health insurance program in the United States, plays a crucial role in providing affordable healthcare coverage to millions of Americans. As we approach 2024, several updates are set to take effect, impacting beneficiaries, healthcare providers, and the overall healthcare landscape. In this blog post, we will delve into the key updates to Medicare […]
Medicare plays a crucial role in providing medicare coverage for millions of Americans, particularly seniors and individuals with disabilities. When it comes to rehabilitation services, Medicare offers coverage for inpatient rehab facilities, ensuring that beneficiaries receive the necessary care and support to regain their independence. In this blog post, we will explore the relationship between Medicare and […]
For many people the updated Medicare Part B costs 2024 is important information to have. Although, most people do not think about the cost of Medicare Part A because most Medicare beneficiaries receive their Part A benefit for free. As long as they have worked for at least 40 quarters in a Medicare covered job […]
The Centers for Medicare & Medicaid Services (CMS) recently announced an important initiative to address the soaring medicare drug price of prescription drugs for Medicare beneficiaries. Under the Inflation Reduction Act, the CMS will begin negotiating prices for a selection of high-cost medications, marking a significant shift in Medicare’s approach. While Medicare has traditionally negotiated […]
Medicare premiums are a crucial aspect for both beneficiaries and agents to comprehend. They tend to change annually, making it essential for enrollees and agents to stay informed about these adjustments. Failing to have the correct information can lead to costly mistakes. At Gr8 Medicare Solutions, we aim to provide comprehensive insights into Medicare premiums to […]
Over the last decade, Medicare Advantage (MA) has emerged as a prominent alternative to traditional Medicare. With more than 28 million beneficiaries currently enrolled in MA plans, it’s essential to understand the options available for 2023 and the key trends shaping this landscape1. What Are Medicare Advantage Plans? Medicare Advantage plans, also known as Part C, are private health insurance plans […]
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 […]
