The Medicare Part D prescription drug plan search tool – also known as the PDP Finder – is now launched through Q1 Medicare and this stand-alone feature is now available for use. This tool gives Medicare beneficiaries such as seniors a look at all of the different Medicare Part D plans available for 2012 for their areas quickly and easily. These plans are offered along with the primary details for all drug tiers of coverage, such as the monthly premiums, “Donut Hole” coverage, the initial deductibles, and cost sharing/co-payment information.…
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An overview of Medicare plans and what they cover
Medicare health insurance is a program that is federally administered and is made available to people with certain specific forms of disability, permanent kidney failure, or people who are 65 years of age or older. There are several different types of Medicare plans, the basics of which are as follows: • Medicare Part A – provides coverage for hospital care (among institutions that accept Medicare) and has no monthly premium for its beneficiaries, as long as they have been employed and have paid FICA taxes for a minimum of a…
Read MoreUnitedHealth launched new initiative to make hearing aids available to more Americans
The UnitedHealth Group, one of the largest health insurance companies in the U.S., has announced that it will begin offering hearing aids as part of its myriad of health care products. The company has introduced four different kinds of hearing aids each made by IntriCon Corp., a manufacturer of small medical devices. UnitedHealth has begun offering hearing aids as part of a way to promote Medicare enrollment. The company will be offering hearing aids for eligible Medicare plan members at retail prices, which will be lower than prices found outside…
Read MoreInsurance Dialogue launched new website to help people obtain coverage from Medicare
Insurance Dialogue, a company serving as a liaison between consumers and insurers, has launched a new initiative to boost enrollment in the federal Medicare program. The company has developed a website that aims to help consumers find the Medicare plans that are best suited to their needs. The website, RightMedicare.com, is part of an overarching endeavor to raise awareness of health insurance amongst those that may need it most. Many of these people may not be aware that they are eligible to receive coverage through the program, especially as health…
Read MoreHealthcare spending cuts will be expensive to seniors
The recent budget deal and struggles in negotiations over the national debt have handed lawmakers yet another requirement to further slash federal spending, and healthcare price controls are one of the plans being considered to help achieve that goal; forcing seniors to have to pay more for their necessary medications. These Medicare Part D program prescription drug price controls aren’t a new idea, but they have been brought back into the spotlight by Rep. Henry Waxman (D-Calif) and Sen. Jay Rockefeller (D-W.Va.), who are the most recent to advocate the…
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