Chatham Insurance Partners

Chatham Insurance Partners Full Service Employee Benefits Brokerage

Medicare Advantage Plan (Part C): A type of Medicare health plan offered by a private company that contracts with Medica...
11/11/2021

Medicare Advantage Plan (Part C): A type of Medicare health plan offered by a private company that contracts with Medicare. Medicare Advantage Plans provide all of your Part A and Part B benefits, with a few exclusions, for example, certain aspects of clinical trials which are covered by Original Medicare even though you’re still in the plan.

11/10/2021

Medicare Cost Plan is a type of Medicare health plan available in some areas. In a Medicare Cost Plan, if you get services outside of the plan's network without a referral, your Medicare-covered services will be paid for under Original Medicare (your Cost Plan pays for emergency services or urgently needed services).

Confused about your Medicare options this fall? Contact us for a no cost consultation.
11/09/2021

Confused about your Medicare options this fall? Contact us for a no cost consultation.

Medicare Part B (Medical Insurance) 101: Part B covers certain doctors' services, outpatient care, medical supplies, and...
11/08/2021

Medicare Part B (Medical Insurance) 101: Part B covers certain doctors' services, outpatient care, medical supplies, and preventive services.

Original Medicare is a fee-for-service health plan that has two parts: Part A (Hospital Insurance) and Part B (Medical I...
11/05/2021

Original Medicare is a fee-for-service health plan that has two parts: Part A (Hospital Insurance) and Part B (Medical Insurance). After you pay a deductible, Medicare pays its share of the Medicare-approved amount, and you pay your share (coinsurance and deductibles).

A benefit period is the way that Original Medicare measures your use of hospital and skilled nursing facility (SNF) serv...
11/04/2021

A benefit period is 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.

Coinsurance 101: An amount you may be required to pay as your share of the cost for services after you pay any deductibl...
11/03/2021

Coinsurance 101: An amount you may be required to pay as your share of the cost for services after you pay any deductibles. Coinsurance is usually a percentage (for example, 20%).

Feeling overwhelmed by the Medicare Annual Enrollment period? Contact us today with your questions.
11/02/2021

Feeling overwhelmed by the Medicare Annual Enrollment period? Contact us today with your questions.

A “Formulary” means a list of prescription drugs covered by a prescription drug plan or another insurance plan offering ...
11/01/2021

A “Formulary” means a list of prescription drugs covered by a prescription drug plan or another insurance plan offering prescription drug benefits. Also called a drug list.

What is a Dental PPO (Preferred Provider Organization)? A Dental PPO (Preferred Provider Organization) provides dental c...
10/29/2021

What is a Dental PPO (Preferred Provider Organization)? A Dental PPO (Preferred Provider Organization) provides dental care to its members through a network of dentists who offer discounted fees to its plan members. You can typically use dentists out of the PPO's network, but you will only be reimbursed the discounted fee for the services rendered - you will need to pay any additional amount yourself.

Reminder the Medicare Annual Enrollment Period began on October 15th, 2021 and runs through 12/7/2021!
10/28/2021

Reminder the Medicare Annual Enrollment Period began on October 15th, 2021 and runs through 12/7/2021!

What does Dual-Eligible mean?To be dual-eligible means to be eligible for both Medicare and Medicaid.
10/27/2021

What does Dual-Eligible mean?
To be dual-eligible means to be eligible for both Medicare and Medicaid.

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27312

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