National health expenditure growth is expected to average 5.5 percent annually from 2018-2027, reaching nearly $6.0 trillion by 2027, according to a report published today by the independent Office of the Actuary at the Centers for Medicare & Medicaid Services (CMS).
Let’s say you go for your annual physical and your doctor recommends that you get a hearing and balance test. Or an electrocardiogram (EKG). Or a Hepatitis B screening. Does your Original Medicare cover these services? Now there’s a quick way to find out, using your smartphone or tablet. It’s Medicare’s new “What’s Covered” app and it’s free. You can use the app right there in the doctor’s office, hospital, or anywhere else you use your phone or tablet.
Most doctors accept Medicare as full payment for their services. But some accept it only for certain services, and others don’t accept it at all. Continue reading “How To Keep Your Medicare Costs Down in 2019” »
If you have higher income, the law requires an adjustment to your monthly Medicare Part B (medical insurance) and Medicare prescription drug coverage premiums. Higher-income beneficiaries pay higher premiums for Part B and prescription drug coverage. This affects less than five percent of people with Medicare, so most people don’t pay a higher premium. Continue reading “What You Need To Know About 2018 Medicare Part B Rates and IRMAA” »
Here is an important update provided by The Centers for Medicare & Medicaid Services (CMS) as they continue to successfully mail newly-designed Medicare cards with the new Medicare Number. Continue reading “Progress Update On New Medicare Cards” »
Most Medicare beneficiaries look forward to Medicare’s Annual Election Period and Open Enrollment Period. However, there are also some who might be new to Medicare and may need clarification on a few issues. Continue reading “What You Need To Know About Medicare’s Annual Election Period and Open Enrollment Period” »
Do you plan to work after the age of 65? Here are 5 Medicare pitfalls to avoid: