With the Thanksgiving turkey eaten and Black Friday’s discount-hunting madness behind them, consumers have started to use the final two weeks left for open Medicare enrollment to do their last minute insurance shopping. Senior citizens are now starting to run out of time for choosing a new Medicare prescription drug or Advantage plan if they want to alter their current coverage. The deadline for Medicare’s open enrollment has been moved to December 7 from its traditional December 31 as a result of the 2010 federal healthcare laws. The reason for…
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Medicare issues that baby boomers should understand
An eHealth Inc. subsidiary, PlanPrescriber, has issued its “Top 6 List”, which is a report that contains issues that individuals who are considering the Medicare Supplement plan – especially baby boomers – will want to think about before the end of the 2012 Medicare Annual Enrollment Period. This period started on October 15, 2011, and will continue until December 7, 2011. In the majority of circumstances, beneficiaries of Medicare who also have a supplement plan and want to alter their prescription drug coverage in Part D for next year will…
Read MoreThe Medicare Information Solution: part 1
Health insurance can be a concern throughout a person’s entire life, but Medicare helps to ease that anxiety once retirement age comes around. However, that doesn’t mean that there aren’t any concerns about Medicare itself. Primarily, this consists of which programs to choose. As a senior citizen, healthcare coverage can be quite complicated, as the system is based upon a number of different forms of insurance, some of which are public, and others that are private. One person may require up to four different insurance programs; each of which needs…
Read MoreStandard & Poor’s reports cost of Medicare increasing at its slowest rate in over half a decade
According to data recently released by Standard & Poor’s, over the last year, the revenue increase for hospitals resulting from Medicare patients was about one third over what had been seen from patients who are covered by some form of private health insurance. The S&P Healthcare Economic Index showed that the revenue from Medicare increased by 2.5 percent per hospital patient before June 2011, which is the slowest increase since January 2005, when S&P’s first started to monitor this income. That said, the revenue generated from patients who were covered…
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