3 Quick Tips to Avoid Medicare Scams

Healthcare fraud costs the nation an estimated $68 billion annually, according to The National Health Care Anti-Fraud Association. Medicare scams are becoming more frequent, which means consumers need to be aware of the telltale signs of health care fraud. The release of new Medicare ID cards has created more opportunities for scammers to commit medical identity theft and other Medicare scams to separate individuals from their money. Below are some of the most common Medicare scams and tips on how to avoid them. Scam #1: The scammer wants you to pay an activation fee The...

What the New Congress means for Medicare

While Congress may be a house divided, 2019 has shown to bode well for Medicare. As Medicare turns 53, it continues to strive to make improvements as it ages and it seems its 60 million members agree. Pulling in higher satisfaction rates than almost any other type of health insurance; it looks like Medicare will continue to adjust coverage to meet the needs of its members. Medicare Improvements in 2019 The changes to Medicare for 2019 are welcome improvements over what was implemented in 2018. Some of these changes affect everyone who is receiving benefits, while other...

Why Apple Wants to Bring Their Watch to ...

Apple has approached at least three private Medicare plan providers. But, it isn’t the iPhone the company wants the nearly 19 million private Medicare Advantage users to put in their pocket. Instead, Apple wants Medicare Advantage users to put their iWatch on their wrists. Apple, the favored technology brand for every generation, is now targeting the senior market. More specifically, Apple is zeroing in on individuals over the age of 65 who have, or will, purchase a Medicare Advantage plan. The Medicare Advantage marketplace is massive with more than $350 billion in...

Different Ways You Can Pay for Medicare ...

People who are enrolled in Original Medicare, or who will be eligible for Medicare benefits in the near future, might wonder how much their premium payments will be. Like other insurance policies, Medicare requires a monthly premium payment. If you worked for an employer who took out Medicare taxes from your paycheck, in most cases your Medicare Part A will be free. However, if you are required to pay for your Medicare Part A the following is how you will be expected to pay for those premiums. Medicare Part A and Part B Billing Medicare Part A: If you purchase Medicare...

Why Does Prescription Medication Cost So...

One of the most significant issues Americans face concerning their health care costs is the high cost of prescription medication. While it’s an apparent struggle for those living with life-threatening conditions, the expense of brand-name medication for even common health conditions can be daunting. For instance, the popular prescription drug Humira is used to successfully treat a broad range of health issues from rheumatoid arthritis to Crohn’s disease. Most Americans prescribed the drug paid roughly 14 billion dollars in 2015. On average, the total monthly cost of...