New Legislation to Impact Supplement Plans
Recent legislation proposed by the House Ways and Means Committee proposes to inhibit pretax health-spending plans from reimbursing over-the-counter drug purchases. Although the legislation has yet to solidify, the potential for such action is certainly impactful to individuals looking to invest in a Medicare supplement package.
Preparing for Changes in Healthcare: Choosing the Best Medicare Supplement Plan
Despite recent economic strain, US citizens on the cusp of senior status are still springing into action when it comes to purchasing Medicare supplement plans in anticipation of upcoming healthcare needs. With inflation rates and projected healthcare costs continually escalating, it seems as though many emerging senior citizens may need to take extra precautions, in [...]
Medicare Supplement Options: Closing the Doughnut Hole
This weekend, an $80 billion deal between drug makers and Congressional Democrats was announced and it points out one of Medicare’s more inefficient aspects – the “doughnut hole” in the Medicare Part D Drug Benefit plan.
Medicare Supplement Plans: Changes, Reforms, and Revisions
Medicare supplemental plans have never been easy to purchase – the sheer variety of options out there can be overwhelming. That said, the web is simplifying the Medicare supplement selection process in the sense that is easier than ever to research and seek the advice of experts who compare the various plans and present the [...]
Medicare Supplement Comparison and Data Overload
Recent reports from the Health Services Research journal show that data overload may further complicate the already complex variety of health insurance choices available to seniors. More specifically, “the wide array of available Medicare drug-coverage plans increases the risk that senior citizens will make poor choices and needlessly spend hundreds of dollars a year”.
Medicare Supplement Comparison Shopping
Medicare supplement comparison shopping can be confusing and overwhelming to many seniors. However, the importance of purchasing Medicare supplemental insurance far outweighs any initial hesitation or intimidation in finding the supplemental insurance plan best suited for your particular needs.
Medicare Supplement Plans: Changes Coming in 2010
Medicare Supplement Plans will be changing dramatically in 2010. This was the key topic of discussion at the annual Medicare Supplement conference in Phoenix Arizona last week. Several industry experts discussed the advantages and disadvantages of each plan and introduced two new plans, which I feel will be very beneficial for consumers.
Medicare Supplemental Insurance: The Popular Choice for People Turning 65
Medicare Supplemental Insurance is recognized by the majority of folks turning 65 as the superior choice for health insurance. Months before people turn 65 they start receiving an enormous amount of mail, solicitations, and phone calls from agents looking to sell them health insurance. Most of these solicitations are from captive agents or insurance carriers [...]
Medicare Supplemental Insurance: The right way to shop for the best plan!
Thousands of people every day are forced to make the difficult decision of selecting a Medicare Supplement or Medicare Advantage plan. This can be a daunting task considering an enormous amount of plans are offered by a growing number of companies. However, many folks find comfort knowing there are honest experts on their side who [...]
1400 Medicare Advantage Plans Will Be Eliminated: Medicare Supplements Preferred Type of Health Insurance
Massive changes for Medicare Advantage plans are coming soon. According to the Wall Street Journal, the Obama administration is working to ensure seniors have lower out of pocket expenses and a very clear idea of what benefits they receive from each plan. Private insurance companies must meet specific criteria set forth by the Center for [...]