Abby's Consulting Services

Abby's Consulting Services Abby’s provides expert group benefits for businesses and individuals, offering personalized coverage and trusted advice.

My new assistant and I would like to let all of Abby's followers know about our Weekly Open House! Every Wednesday from ...
02/13/2023

My new assistant and I would like to let all of Abby's followers know about our Weekly Open House! Every Wednesday from 10am to 12pm here at our local Morris Plains office! Please come with your questions - leave with answers, confidence and coffee!

🟢 What’s the Penalty if You Don’t Sign Up for Medicare?Some people are unaware that delaying enrolling in Medicare after...
02/07/2023

🟢 What’s the Penalty if You Don’t Sign Up for Medicare?

Some people are unaware that delaying enrolling in Medicare after becoming eligible may have consequences. The majority of people don’t pay a Medicare Part A late enrollment penalty. You could incur fees if you put off signing up for Medicare Part B and/or Part D. Unexpected fines can typically be avoided, so don’t worry. We’ll walk you through a few such situations.

🛑 Source: https://abbysconsulting.net/whats-the-penalty-if-you-dont-sign-up-for-medicare/
Call today! 📱(973) 590-2695
or visit our website https://abbysmedicareadvantage.com/ to compare and find the best affordable insurance plan in your area.

🟢 Private Medicare Plans Face Tough New Audits That Could Cost BillionsFederal health regulators said they would impleme...
02/02/2023

🟢 Private Medicare Plans Face Tough New Audits That Could Cost Billions

Federal health regulators said they would implement a tough new standard for auditing the billings of insurers that offer private Medicare plans, the latest sign of stepped-up scrutiny of the companies.

Yet the new rule, issued Monday by Medicare’s parent agency, doesn’t go as far as it could have in applying the standard to earlier years.

🛑 Source: https://www.wsj.com/articles/private-medicare-plans-face-tough-new-audits-that-could-cost-billions-11675112977
Call today! 📱(973) 590-2695
or visit our website https://abbysmedicareadvantage.com/ to compare and find the best affordable insurance plan in your area.

🟢 What is Medicare vs health insurance?Private health insurance often allows you to extend coverage to dependents, such ...
02/01/2023

🟢 What is Medicare vs health insurance?

Private health insurance often allows you to extend coverage to dependents, such as your spouse and children. Medicare, on the other hand, is individual insurance. Most people with Medicare coverage have to qualify on their own through age or disability.

Call today! 📱(973) 590-2695
or visit our website https://abbysmedicareadvantage.com/ to compare and find the best affordable insurance plan in your area.

🟢 Humana Tops Q4 Views, Touts Medicare Advantage Gains; HUM Stock DipsHumana (HUM), the top-rated managed care stock, to...
02/01/2023

🟢 Humana Tops Q4 Views, Touts Medicare Advantage Gains; HUM Stock Dips

Humana (HUM), the top-rated managed care stock, topped earnings estimates early Wednesday with revenue in line. Guidance for 2023 set the floor for EPS just above analyst views. HUM stock dipped in early stock market action.

Humana CEO Bruce Broussard said in the earnings statement that Humana is on track for Medicare Advantage membership growth of at least 625,000, or 13.7%, this year.

🛑 Source: https://www.investors.com/news/humana-tops-q4-views-touts-medicare-advantage-gains-hum-stock-dips/
Call today! 📱(973) 590-2695
or visit our website https://abbysmedicareadvantage.com/ to compare and find the best affordable insurance plan in your area.

🟢 Medicaid and Medicare Savings ProgramsMedicaid is a type of health insurance available to those with low earnings. It ...
01/31/2023

🟢 Medicaid and Medicare Savings Programs

Medicaid is a type of health insurance available to those with low earnings. It is distinct from Medicare, which provides health coverage to individuals 65 and older and some people with disabilities.
If they meet the requirements set forth by their state, people with Medicare may also be eligible for Medicaid.
A specific group of Medicaid benefits that assist in covering the expenses of Medicare is known as the Medicare Savings Program.

🛑 Source: https://www.marketwatch.com/story/what-is-cataract-surgery-and-is-it-covered-by-medicare-11675104804
Call today! 📱(973) 590-2695
or visit our website https://abbysmedicareadvantage.com/ to compare and find the best affordable insurance plan in your area.

🟢 What is cataract surgery and is it covered by Medicare?If your eye doctor tells you have cataracts in one or both eyes...
01/31/2023

🟢 What is cataract surgery and is it covered by Medicare?

If your eye doctor tells you have cataracts in one or both eyes, and he recommends surgery to remove them, don’t despair.

When you cannot see as well as you could before, one reason can be that cataracts have developed in one or both eyes. Cataracts are the clouding of the natural lens in the eye. Cataract surgery removes the clouded lens and can replace the lens at the time of surgery with different types of lenses, and by 80, more than half of all Americans either have a cataract or have had cataract surgery, according to the National Eye Institute.

🛑 Source: https://www.marketwatch.com/story/what-is-cataract-surgery-and-is-it-covered-by-medicare-11675104804
Call today! 📱(973) 590-2695
or visit our website https://abbysmedicareadvantage.com/ to compare and find the best affordable insurance plan in your area.

🟢 Does Medicare increase with age?Generally the same monthly premium is charged to everyone who has the Medigap policy, ...
01/30/2023

🟢 Does Medicare increase with age?

Generally the same monthly premium is charged to everyone who has the Medigap policy, regardless of age. Your premium isn't based on your age. Premiums may go up because of inflation and other factors, but not because of your age.

🛑 Source: https://abbysconsulting.net/
Call today! 📱(973) 590-2695
or visit our website https://abbysmedicareadvantage.com/ to compare and find the best affordable insurance plan in your area.

🟢 Insurers that face the largest potential Medicare Advantage payment clawbacksThe nation's largest insurers are gearing...
01/30/2023

🟢 Insurers that face the largest potential Medicare Advantage payment clawbacks

The nation's largest insurers are gearing up for upcoming changes to Medicare Advantage risk adjustment rules that could collectively cost them up to $3 billion in returned payments, with Humana potentially facing the biggest penalties, Bloomberg reported Jan. 24.

The proposed rule from CMS first published in 2018 would use extrapolation in risk adjustment data validation (RADV) contract-level audits, beginning with 2011 and including all subsequent audits. A fee-for-service adjuster would not be applied to audit findings, which calculates a permissible level of payment errors.

🛑 Source: https://abbysconsulting.net/
Call today! 📱(973) 590-2695
or visit our website https://abbysmedicareadvantage.com/ to compare and find the best affordable insurance plan in your area.

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720 Speedwell Avenue
Morris Plains, NJ
07607

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Tuesday 9am - 5pm
Wednesday 9am - 5pm
Thursday 9am - 5pm
Friday 9am - 5pm

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