Diabetes and Medicare Coverage

Receiving coverage for Diabetes is especially important for those on Medicare. Having additional insurance coverage makes managing diabetes easier. Diabetes is a medical condition in which the body doesn’t produce enough insulin, which ultimately leads to an increased amount of glucose in the blood. Insulin is a hormone produced by the pancreas which in turn produces glucose (sugar). Glucose is needed to produce energy for the body's cells function properly. When the body is unable to do so on its own, it will need assistance in moving the sugars out of the blood stream and into the tissues after eating. Diabetes

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Does Medicare Cover Hearing Aids?

As you get older, you start to think about your health in new ways.  Things you never were too concerned about before now become a top priority.  One of these things is hearing. Hearing loss is a common and sometimes frightening development that takes place as you age. Does Medicare Cover Hearing Aids? Causes of Hearing Loss A variety of circumstances can cause hearing loss.  External causes, like long-term exposure to noise pollution, are common.  Internal causes, such as genetics or illness, can also play a major role in hearing loss. Do You Need Your Hearing Tested? If you have noticed

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What are the different types of Medicare supplement plans?

All Medicare supplement policies Medicare supplement insurance, also known as Medigap, is designed to cover some or all of the costs a patient is responsible for before Medicare Parts A and B will pay anything, copays required by Medicare Parts A and B and amounts over the maximum that Medicare Parts A and B will cover. The different Medigap plans are standardized between companies, meaning consumers will receive the same coverage for Plan A (or whichever plan they select) regardless of which company they buy it from. There are 11 plans, each designated by a different letter, and each one

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How To Select A Medicare Supplement Company

Plan Availability Medicare supplement insurance plans are standardized by law and are named with letters. The standardization means that every company’s Plan A offers the same coverage, but not all companies sell every plan. And sometimes companies offer different plans in different states. Plans by company: If you want to purchase coverage from a specific company, start by looking at the plans that company sells in your area. Plans by type: If you are more concerned with the coverage provided than the company selling it, start by looking at plans and then determine which companies offer those plans in your

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Medicare 101

Medicare 101

While most individuals embrace the aging process, Medicare is excellent coverage that many seniors look forward to obtaining. Medicare has been providing health insurance coverage since 1965 for individuals 65 and older as well as certain disabled Americans. Over 15% of the country is currently enrolled in Medicare today and that’s a definite bonus after having worked for most of our lives. Being on Medicare means having Hospital and outpatient coverage for many services. Although, many seniors are unaware of the coverage they have and what expenses they’re responsible for paying. Having a Medicare Supplement could help you plan your health

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Durable Medical Equipment & Medicare

Durable Medical Equipment & Medicare

Many baby boomers rely on Durable Medical Equipment (DME) supplies for their daily activities. Medicare covers medically necessary supplies such as a wheelchair, CPAP machine, or oxygen tank. So, if you’re wondering about Medicare coverage on your Durable Medical Equipment; ask yourself this; is this medically necessary and is my doctor going to write a prescription for this? If you can answer yes, then coverage will be likely. Will My Medicare Coverage Pay for Durable Medical Equipment? Durable medical equipment is covered under Medicare Part B. The yearly Part B deductible is applicable and then Medicare pays an 80% coinsurance. That

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Switching Medicare Supplement (Medigap) Plans

Switching Medicare Supplement (Medigap) Plans

If you need to drop, change or enroll in a Medicare Supplement (Medigap) plan, you can do it at any time of the year.  But before you make any changes, you need to consider whether you should make any changes or stay with whatever plan you currently have.  Although you might be very satisfied with your Medicare Supplement plan now, it might not be suitable any longer because of your present needs or because of changes to the cost of your plan.  As life events may have arisen, your current coverage could fall short of providing you with adequate coverage

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Guide for Federal Retirees and Medicare Part B

Medicare Part B covers physician and outpatient services. Part B can include ambulance services and durable medical equipment as well as laboratory tests and x-rays. While most seniors get Medicare Part A “premium free”, most seniors pay a monthly premium for Medicare Part B. Generally, Part B premiums are taken out of your monthly Social Security check or a retirement check. To Take Part B or Not to Take Part B, that is the Question If you don’t take Part B when you are first eligible there is a 10% penalty on the current year premium added for each year

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Reinstating the Medicare Advantage “Open Enrollment Period”

If you or a loved one receives Medicare coverage, you know how complicated and confusing enrollment periods can be. Enrollment periods are only confusing because the term “Open Enrollment Period” is used correctly and incorrectly to describe times when a plan change is possible Reinstating “Open Enrollment Period” The Medicare Advantage Open Enrollment Period was discontinued in 2010. In 2019, the OEP will make a return. From 2011-2018 Medicare beneficiaries were given only the Medicare Advantage Disenrollment Period (MADP), during this time beneficiaries could disenroll from their Medicare Advantage plan and switch only to Original Medicare. Now all that is

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