The Medicare Company

12/21/2021

10/14/2021

Starting Soon: Medicare Annual Enrollment (AEP) will run from October 15th thru 12/7/2021.
If you make a plan change during AEP your new coverage will start 1/1/2022. If you kept your existing coverage and your plan’s costs or benefits changed, those changes also start on this date.

10/13/2021

If they ask you if you have creditable coverage this means health insurance coverage under any of the following: a group health plan; individual health insurance; student health insurance; Medicare; Medicaid; CHAMPUS and TRICARE; the Federal Employees Health Benefits Program; Indian Health Service; the Peace Corps; Public Health Plan (any plan established or maintained by a State, the U.S. government, a foreign country); Children’s Health Insurance Program (CHIP); or, a state health insurance high risk pool. If you have prior creditable coverage, it will reduce the length of a pre-existing condition exclusion period under new job-based coverage.

10/12/2021

Preauthorization means a decision by your health insurer or plan that a health care service, treatment plan, prescription drug or durable medical equipment is medically necessary. Sometimes called prior authorization, prior approval or precertification. Your health insurance or plan may require preauthorization for certain services before you receive them, except in an emergency. Preauthorization isn’t a promise your health insurance or plan will cover the cost.

10/11/2021

A rider is an amendment to an insurance policy. Some riders add coverage (for example, if you buy a maternity rider to add coverage for pregnancy to your policy). In most states, an exclusionary rider is an amendment permitted in individual health insurance policies that permanently excludes coverage for a health condition, body part, or body system. After September 2010, under the Affordable Care Act, exclusionary riders couldn’t be applied to coverage for children. Since 2014, no exclusionary riders have been permitted in any health insurance.

10/08/2021

Deadline Reminder: Medicare Annual Enrollment (AEP) will run from October 15th thru 12/7/2021. Please contact us with questions or to schedule an appointment.

10/07/2021

What is the AEP for Medicare?
The Annual Enrollment Period otherwise referred to as AEP, is the time of year when a Medicare beneficiary can make changes to their current coverage. This enrollment window runs from October 15th to December 7th.

10/06/2021

Each year, it’s important to review your Medicare health and drug coverage and make changes if it no longer meets your needs, or see if you could lower your out-of-pocket costs. You don’t need to enroll in Medicare each year, but you should still review your options.

10/05/2021

If you make a plan change during AEP your new coverage will start 1/1/2022. If you kept your existing coverage and your plan’s costs or benefits changed, those changes also start on this date.

10/01/2021

Medicare Fast Facts: PART A (Hospital Insurance) Part A covers inpatient hospital care, skilled nursing facility, hospice, surgery, and home health care.

09/30/2021

Medicare Fast Facts: PART B (Medical Insurance) Part B covers doctor visits, lab tests, diagnostic screenings, medical equipment, ambulance transportation and other outpatient services.

09/29/2021

Medicaid is a joint federal and state program that helps with medical costs for some people with limited income and resources. Medicaid programs vary from state to state, but most health care costs are covered if you qualify for both Medicare and Medicaid.