Medicare Coverage of Surgery Different parts of Original Medicare will cover different parts of your surgery costs. Medicare Part A covers your hospital expenses, including the daily room cost and services, as well as the services of those physicians, nurses, and other providers. Medicare Part B covers any medically necessary treatments associated with the surgery. Lastly, Medicare […]
Did you know that Medicare doesn’t cover everything? In fact, it only covers 80% of Medicare-approved expenses. You will be left responsible for the remaining 20%, as well as deductibles and copays. Because of this, many Medicare beneficiaries purchase additional insurance, like a Medicare supplement or Medicare Advantage plan, to bridge the gap that exists […]
Many Americans have tax-free savings accounts, also known as HSAs. These are accounts in which you can contribute to and withdraw money from for certain medical expenses, such as out-of-pocket medical, dental and vision. The funds deposited into these accounts aren’t subject to federal income tax, and the accounts themselves aren’t taxed as long as […]
Medicare’s coverage of care when you travel depends on where you travel and how you receive your Medicare benefits. While never intended, some will find themselves in need of health care services when they are traveling. To avoid any potential stress and confusion, here are some things you need to know before taking off on your […]
Mark Farrah and Associates releases an annual report on Medicare supplement trends. Below, we have summarized the information for you to provide a brief update on the Medicare supplement market. The Medicare Supplement Market As of December 31, 2016, Medicare supplement enrollment was nearly 12.6 million, which is 6% growth over the end of 2015. […]
GoMedigap is very excited to announce a new limited time charity reward option in our Referral Reward Program. For the next 4 months, clients can select a $10 donation in their name from GoMedigap to Family Eldercare’s Summer Fan Drive as the reward for referring a friend. How You Can Help For every referral you give, […]
Many of us here at GoMedigap gathered around the flagpole this morning to observe the National Day of Prayer. We expressed our gratitude for our blessings and asked God to continue to guide and watch over us in our efforts to support our clients, our families and those who support us. We thought we’d share […]
Yes, Medicare will cover emergency and non-emergency ambulance services. However, there are conditions and requirements that you must meet to qualify for Medicare coverage. Medicare Part B (Medical Insurance) covers ambulance services to or from a hospital, critical care facility, or skilled nursing facility (SNF). Medicare covers and helps pay for ambulance services only when other transportation […]
As health care costs continue to rise and individual health needs change, your costs for Medicare will likely change from year to year. As a Medicare beneficiary, you may need to pay certain out-of-pocket costs, such as premiums, deductibles, copayments and coinsurance. These costs are generally standardized under Medicare Parts A and B. For Medicare […]
Because Medicare supplements are standardized by the Federal Government, the main factor in determining which Medicare supplement policy is right for you is the monthly premium. The monthly premium for your Medicare supplement will depend on 2 things: The type of Medigap plan you choose (Plan F, G, N, etc.), and The company you buy it […]
