Medicare Supplement plans are Guaranteed Renewable for life. As long as you pay your premiums, you can keep your policy as long as you want. Medicare Supplement plans must continue to offer the same coverage to you throughout the life of the plan. Other plans may change coverage amounts, add
Healthcare Insurance
Your Current Medicare Supplement Plan May Be Costing You Big Money
Every few years, anyone with a Medicare Supplement insurance plan should review their policy to see if they could lower their premium while maintaining the same benefits that they currently have. In fact, it’s often easier than you think to save money AND get the same coverage as your existing
Medicaid eligibility for Medicare beneficiaries who need long-term care in the home or community
All states have at least one Medicaid home and community-based service (HCBS) waiver program that provides general health coverage and coverage for certain services to help you stay at home or in a community-based setting (for example, in an assisted living facility). Remember that Medicare only covers home health care
How Medicaid works with Medicare
All states offer a variety of Medicaid programs, several of which can help people with Medicare. If you qualify for a Medicaid program, it may help pay for costs and services that Medicare does not cover. For services covered by Medicare and Medicaid (such as doctors’ visits, hospital care, home
Drugs excluded from Part D coverage
There are certain kinds of drugs that are excluded from Medicare coverage by law. Medicare does not cover: Drugs used to treat anorexia, weight loss, or weight gain Note: Part D may cover drugs used to treat physical wasting caused by AIDS, cancer, or other diseases Fertility drugs Drugs used
Medicare Advantage enrollment
There are certain times each year when you can enroll in a Medicare Advantage Plan. It is usually best to enroll in a plan by calling 1-800-MEDICARE, rather than by calling the new plan. To join an MA Plan, you must be enrolled in Medicare Parts A and B. You
Spend-down program for beneficiaries with incomes over the Medicaid limit
If you need Medicaid coverage and your income is above the Medicaid income guidelines in your state, your state may offer a Medicaid spend-down for aged, blind, and disabled (ABD) individuals who do not meet eligibility requirements. This program allows you to deduct certain medical expenses from your income so
Types of Medicaid for people with Medicare
If you are eligible for Medicare and have a sufficiently low income, you may qualify for help from certain Medicaid programs in your state. Whether you qualify will depend on: Your earned and unearned income, including wages and Social Security payments Your assets, including checking accounts, stocks, and some property
Small Business Health Options Program (SHOP)
Insurance plans offered through the Small Business Health Options Program (SHOP) are job-based insurance plans purchased through the Marketplace. SHOP allows businesses with fewer than 50 employees and their employees to search for and buy health coverage. SHOP plans follow the same rules as other insurance based on current work.
Making Part B enrollment decisions with QHP coverage
If you have a Qualified Health Plan (QHP), deciding what to do as you approach Medicare eligibility depends on your circumstances. In most cases, you should enroll in Medicare and disenroll from your QHP, but there are two exceptions: You have End-Stage Renal Disease (ESRD). If you have kidney disease