The Retirement Mogle

07/02/2022

If you take any prescription medication please read this. If you go to www.costplusdrugs.com your medications could be less than using insurance. It was created by billionaire Mark Cuban to combat the high cost of prescription medications.

Mark Cuban

09/09/2021

The way that Original Medicare measures your use of hospital and skilled nursing facility (SNF) services. A benefit period begins the day you're admitted as an inpatient in a hospital or SNF. The benefit period ends when you haven't gotten any inpatient hospital care (or skilled care in a SNF) for 60 days in a row. If you go into a hospital or a SNF after one benefit period has ended, a new benefit period begins. You must pay the inpatient hospital deductible for each benefit period. There's no limit to the number of benefit periods.

09/08/2021

In Original Medicare Lifetime Reserve Days are additional days that Medicare will pay for when you're in a hospital for more than 90 days. You have a total of 60 reserve days that can be used during your lifetime. For each lifetime reserve day, Medicare pays all covered costs except for a daily coinsurance.

09/07/2021

The Medicare Annual Enrollment period (AEP). Will be here before you know it! Please contact us as soon as possible if you would like to review your situation.

09/06/2021

In Original Medicare a Limiting Charge is the highest amount of money you can be charged for a covered service by doctors and other health care suppliers who don't accept assignment. The limiting charge is 15% over Medicare's approved amount. The limiting charge only applies to certain services and doesn't apply to supplies or equipment.

09/03/2021

Quick Tip: A Brand Name Drug is a drug sold by a drug company under a specific name or trademark and that is protected by a patent. Brand name drugs may be available by prescription or over the counter.

09/02/2021

Home Health Care our health care services and supplies a doctor decides you may get in your home under a plan of care established by your doctor. Medicare only covers home health care on a limited basis as ordered by your doctor.

09/01/2021

Deadline Alert: Medicare Annual Election Period (AEP) starts on October 15th 2021.

08/31/2021

A Medicare Special Needs Plans provides benefits and services to people with specific diseases, certain health care needs, or limited incomes. SNPs tailor their benefits, provider choices, and list of drugs (formularies) to best meet the specific needs of the groups they serve.

08/30/2021

Medicare Part D is a program that helps pay for prescription drugs for people with Medicare who join a plan that includes Medicare prescription drug coverage. There are two ways to get Medicare prescription drug coverage: through a Medicare Prescription Drug Plan or a Medicare Advantage Plan that includes drug coverage. These plans are offered by insurance companies and other private companies approved by Medicare.

08/27/2021

When can I change Medicare Supplement plans?
There is no annual election period for Medicare Supplements. You can change your Supplement plan any time of year, but in most states, you will have to answer medical questions on the application for the new company.

08/26/2021

Medicare Supplement plans cover 10 million Medicare beneficiaries. Also referred to as Medigap plans, these policies help pay for your share of Medicare expenses, such as your deductibles and co-insurance. Medicare supplement insurance plans are available for purchase in all 50 states and are very popular with people who want little to no copays when they access healthcare services.