Getting Started with Medicare – 5 tips for using Medicare
1. Create your secure Medicare account to access your information anytime. You can also: – Add your prescriptions to help you better compare health and drug plans in your area. – View your Original Medicare claims as soon as they’re processed. – Print a copy of your official Medicare card. – Review a list of […]
Medicare Decisions for Those Over 65 and Planning to Retire in the Next 6 Months
If you’re over 65 and planning to retire within six months, timing your Medicare enrollment correctly is crucial to avoid gaps in coverage and penalties. When you have employer coverage through your own job, you can delay Medicare enrollment past 65 without penalty, but you must act within eight months after your employment ends or […]
What is the Additional Medicare Tax?
As a result of the Affordable Care Act (ACA), the Additional Medicare Tax was added in 2013. Additional Medicare Tax rates are 0.9 percent and apply to highly compensated workers. Individuals are liable for Additional Medicare Tax if their wages, compensation, or self-employment income (together with their spouse’s income if filing a joint return) exceed […]
Who Should Get a Medicare Supplement Plan G?
It may be a good idea for you to consider a Medicare Supplement Plan G if you fall into the following categories: * Are receiving your Part A and Part B benefits under Original Medicare and wish to have comprehensive coverage for most of your out-of-pocket expenses. * Would like to see any Medicare provider […]
What is the Medicare Shared Savings Program?
Medicare Shared Savings Program (MSSP) is a program created by the Centers for Medicare & Medicaid Services (CMS) that promotes accountability among providers and reduces costs for beneficiaries. As part of the MSSP, providers are encouraged to form Accountable Care Organizations (ACOs) to provide high-quality coordinated care at a lower cost to Medicare beneficiaries. ACOs […]
Does Medicare Cover Physical Therapy?
Physical Therapy Coverage by Medicare Outpatient physical therapy, occupational therapy, and speech therapy are covered by Medicare Part B. Private practice therapists, outpatient hospital departments, and skilled nursing facilities provide these services. What are the Limits on Physical Therapy? The Medicare therapy spending cap has been eliminated as of 2019. Therefore, Medicare does not limit […]
Seven life-changing events that can exempt you from Medicare premium surcharges
Seven qualifying life-changing events can help you avoid Medicare premium surcharges if your income has decreased. These events include death of a spouse, marriage, divorce or annulment, work reduction such as switching to part-time employment, work stoppage from retirement or layoffs, loss of income from property due to disasters or theft, and loss of pension […]
What chiropractic services doesnt Medicare cover?
Medicare does not limit the number of chiropractic visits covered, but only medically necessary spinal manipulation to correct subluxations is covered. It won’t cover regular maintenance or preventive chiropractic visits or chiropractic treatments to other parts of the body. Medicare will cover the cost of a physician-ordered X-ray that’s needed to validate that a spinal […]
Why you shouldn’t ignore Medicare open enrollment
Medicare Open Enrollment runs from October 15 to December 7 each year, and it’s your chance to review, switch, or drop your Medicare Advantage or Part D prescription drug plan. Ignoring this window could cost you money or coverage. Plan costs and benefits change yearly. Your current plan might raise premiums, change its drug list, […]
Here are some of the key changes to Medicare for 2026
Medicare beneficiaries will see several important changes in 2026. The standard monthly premium for Medicare Part B increases to $202.90, up 9.7% from 2025’s $185 premium. The annual Part B deductible also rises to $283, compared to $257 in 2025. These increases reflect rising healthcare costs and will impact most Medicare beneficiaries’ budgets. On the […]