Most people know that when they turn 65, they may be eligible to enroll into Medicare. A big part of what we do at Blue Goose is help people understand the process and making sure they receive the best coverage available. What some people are not aware of is that there are late-enrollment penalties added to the premiums of individuals who don’t enroll into Medicare when they are first eligible for the program. See below for penalty… Read more >>>
Posts in "Medicare"
Medicare health plans will change year to year, and it is important to make sure that the plan that worked for you last year will be the right plan for you this year. Many Mainers are not aware of the state and federally funded programs that help seniors on Medicare save money, and often times seniors are paying more than they have to. This is why it is important to review your coverage options with a licensed professional. The Kennebec Journal… Read more >>>
A report came out yesterday from the Associated Press that stated “one in seven hospitalized Medicare patients is harmed during their stay.” The report went on th say that 1.5% (15,000 p/month) of those patients suffered a complication that contributed to their death. Dr. Donald Berwick, Administrator for the Centers for Medicare & Medicaid Services, has unveiled a new “innovation center” with the purpose of developing… Read more >>>
Medicare is health insurance for people who are age 65 and older, or for people under age 65 with certain disabilities. Also, people of any age with End-Stage Renal Disease (ESRD) are covered under the Medicare system. It is important to know and compare all your options before making any decisions about your health. There are four main parts of the Medicare system that cover different aspects of your health care. You must meet certain… Read more >>>
Part C- Medicare Advantage You must have Medicare Parts A and B to be eligible for Part C. Medicare Part C (also called Medicare advantage) combines your Part A and B coverage. A private insurance company contracted with Medicare manages your health care. You can enroll in a Medicare Advantage health plan between November 15-December 31. Your coverage will take effect on January 1st of the following year. Part D- Prescription Drug Coverage You… Read more >>>
As coordination of care becomes a more prominent topic in the realm of healthcare, the benefits of Special Needs Plans (SNP) to coordinate coverage has never been more clear. Some states contract with these Special Needs Plans as a way to coordinate Medicare and Medicaid benefits for beneficiaries, and often times these SNP plans are able to offer additional benefits not available through Medicare and Medicaid alone. There are Special Needs Plans… Read more >>>