What is Part A Medicare Hospital Coverage?

Medicare Hospital Coverage Part A covers hospital costs while you are a patient in a regular hospital, acute care facility, long term care facility, rehabilitation center or psychiatric hospital. Part A is just one component of your Medicare coverage. Most people also enroll in Part B for other medical costs and Part D for prescription…

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Are Costs Different When Working with Medicare Supplement Brokers vs Directly with a Carrier?

Many people worry that it will cost a lot of money to use a broker for their Medicare Supplement, or Medigap, coverage. They expect to pay a fee for the broker’s services, either up-front or in the form of a higher monthly premium.   But the fact is, working with a broker usually costs less…

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2020 Medigap Changes: Plan F is Going Away

It can be confusing understanding how Medigap works along with Medicare. Basically, Medicare controls Medigap plans B, C,D and F and makes sure all Medigap insurers provide the same coverage at their own premium rate. As the insured, you pay a premium at the level of coverage you can afford and that best fits your needs. If you choose a higher premium, your deductible and co-payment costs are covered by your Medigap plan. If you choose a less expensive plan, your deductible and co-payment are paid out-of-pocket.

Medigap Will Cut Plan F After 2020
Plan F is a very popular Medigap plan. As with plan C, plan F (both are known as first-dollar coverage plans) allows policyholders to skip paying the annual deductible (rose from $147 to $183 as of 2017) under Medicare Part B for non-emergency medical care. Unfortunately, like plan C, plan F will be no longer be available. The reason? A new bill by Congress took effect on April 16, 2015 called the Medicare Access and CHIP Reauthorization Act of 2015.

Why Did Congress Pass this Bill?
Congress aims to reduce the overuse of medical services by requiring all Medicare members pay their part B deductible. Medigapplan F covers the part B deductible and will be subsequently dropped after 12/31/2019.

You might be concerned over your coverage being cancelled in 2020. In the bill, Title IV section 401 reads, “Limitation on certain Medigap policies for newly eligible Medicare beneficiaries. What does this mean?

Translation of Section 401
Section 401 of the 2015 Act prohibits insurance entities from selling Medigap policies that cover Part B deductibles to newly eligible Medicare beneficiaries including eligible individuals who enroll for Medicare due to age, disability, or end-stage renal disease (ESRD). Health waiver states are also affected by this prohibition.

The bill does NOT apply to existing Medigap enrollees. Additionally, all persons eligible for Medicare before January 1, 2020, can still buy Part B deductible coverage. Medicare beneficiaries under 65 can apply under certain terms and on a state-by-state basis. Medigap applications would be based on birthdate, ESRD or disability. Anyone enrolled in a Medigap Plan C or Medigap Plan F as of 12/31/2019 will be locked in under this plan and won’t be forced to switch plans.

This post 2020 Medigap Changes: Plan F is Going Away was first published on HR.com

Top Medicare Supplement Plans in Florida

Medicare Supplement Plans in Florida, also known as Medigap insurance helps pay for health care expenses that are not covered by the Original Medicare. Some of these expenses include deductibles, copayments, and coinsurance. Some Medigap plans may also offer to cover services not covered by the Original Medicare such as medical care in case you…

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Video Surveillance for Todays Seniors

The lifespan of the average man and woman has increased over the years, due to advances in medicine and improved nutritional standards.

Seniors who would have been considered ‘elderly’ only decades ago, are now still vibrant and living independently. Even senior citizens who live at home with the assistance of a nurse or in home care aid, can live life to the fullest.

Of course, this doesn’t mean that family and friends don’t worry about them. On the contrary, people in their 80s and 90s and those individuals lucky enough to live past the 100 mark may need guidance.

Any lack of balance or simple fall can cause a hospital stay, with a broken hip likely to create further medical issues. Forgetfulness and hearing loss makes otherwise diligent seniors forget to take their medicine or hear the ring of a doorbell.

Full Article from IFSEC Global Here

Top Wearable Technology To Keep Seniors Safe

There’s so much wearable technology available right now it’s enough to make your head spin if you don’t know what you’re looking for, even for someone who’s knowledgeable. For many, the various capabilities the newest sports watches have are more than enough — text messaging, answering phone calls, even GPS. But what wearable technology is best-suited for the safety of our seniors? Here’s a compilation of what is available and how to put it to use.

Medical Alert Systems
The most commonly worn device by seniors are the easy medical alert systems that allow for independent living. Most of them are wearable as a pendant, and you press a button on if you fall or need help.

The biggest downfall to these? What if you fall and panic, or pass out? These systems are made with technology in place in case the wearer isn’t able to press a button if help is needed or unconscious. A few can detect sudden movements and falls and will automatically call the company’s emergency dispatcher to check in.

Original Post from Health IT Outcomes

Medicare Part F & Medicare Plan F: What’s the Difference?

What is Medicare Part F Insurance? How does it differ from Medicare Plan F? The correct terminology for this plan if Medicare Supplement Plan F but some people refer to is as Medicare Part F. Medicare is a federal health insurance program that provides coverage to those over sixty-five years of age, though Medicare may…

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