ArticleField.comInternet's Fastest Growing Free Content Article DirectoryA survey which operates the nation’s largest Medicare exchange, found that of the 377 seniors who participated, 41% try to estimate their out-of-pocket medical costs in advance of appointments, services and treatments. And of those who try 78% get it right at least part of the time. In fact, over 33% said they get it […]
One of the most difficult parts of having Medicare is being able to understand the terminology. “Words like coinsurance and copayment very often confuse the uninitiated,” notes Alan Weinstock, an insurance broker at MedicareSupplementPlans.com. “Medicare beneficiaries could miss out on receiving the proper care if they don’t understand their benefit period or covered services.” With […]
There’s a joke going around about Medicare not living long enough to qualify for Medicare. “According to the CMS trustees forecast,” says Alan Weinstock, an insurance broker at MedicareSupplementPlans.com, “the Medicare program will run out of money in 2029. That’s one year shy of its 65th birthday.” But warnings of this kind have been going […]
Medicare beneficiaries who need assisted care due to an illness or injury may be surprised to find out what their Medicare actually covers. “First, it is always important to review what nursing care services are covered under Medicare,” suggests Alan Weinstock, insurance broker at MedicareSupplementPlans.com. “Then if you have Medigap along with your original Medicare […]
Now that the first phase of the Durable Medical Equipment, Prosthetics, Orthotics and Supplies (DMEPOS) Competitive Bidding Program is underway (as of January 1, 2011), Medicare beneficiaries in nine different areas of the country could see as much as a 32% savings on certain items. “Through supplier competition, this new program set lower payment rates […]
