Tag: Medicare

 Consumers accessing the American Association for Medicare Supplement Insurance’s online directory listing local Medicare agents increased by 80 percent during the first quarter of 2023. “The record growth over the prior year demonstrates that more seniors recognize the value of seeking local expertise,” states Jesse Slome, director of the organization. “Medicare is a national program but plan options are local,” Slome notes. “I think seniors are overwhelmed with the bombardment of Medicare television advertising and online solicitations. The result may be diminishing returns for those advertisers and greater dependence on seeking impartial local experts for information and guidance.” The Association ... Read more

 It is time to put a stop to the plastic Medicare card scam. News outlets and non-profit organizations have warned potential victims about it for many years, but it is still happening. Criminals commit fraud by duping people into revealing their personal information, such as Medicare, Social Security, and bank account numbers, under the guise of a new government-issued card. This nefarious activity affects innocent seniors, who can lose access to healthcare and other resources. Furthermore, it causes victims emotional distress, as they worry about compromised personal information being used for identity theft. Although it is valuable to inform seniors ... Read more

 The Medicare Payment Advisory Commission has recommended reducing the 2022 home health care base payment rate by 5 percent according to information shared today by the director of the American Association for Medicare Supplement Insurance. “Medicare paid $17.1 billion in 2020 for home care according to the just-published report to Congress,” notes Jesse Slome, director of the Medicare and long-term care insurance advocacy organizations. The report was issued by the Medicare Payment Advisory Commission., an independent congressional agency established by the Balanced Budget Act of 1997 to advise the U.S. Congress on issues affecting the Medicare program. “Medicare spending on ... Read more

 UnitedHealthcare was the nation’s leading provider of Medicare Advantage plans according to a report shared today by the American Association for Medicare Supplement Insurance. “UnitedHealthcare accounted for 27 percent of all MA plans followed by Humana with 18 percent,” shares Jesse Slome, director of the Medicare insurance advocacy organization. “As more consumers favor Medicare Advantage plan coverage, we are being asked which plans do people most frequently choose.” According to the Association, some 29 million Americans are expected to be enrolled in a Medicare Advantage plan this year. “For the first time, that’s more than twice the number selecting a ... Read more

 A woman turning age 65 in Dallas could pay as little as $77.19 monthly for a Medigap Plan N policy according to the findings of a study by the American Association for Medicare Supplement Insurance. The highest available premium cost is $199.94. “Medigap Plan N is the second most popular choice among seniors turning 65 and purchasing Medicare Supplement coverage,” explains Jesse Slome, director of the Medicare insurance advocacy organization. “While Plan N coverage is uniform the same can definitely not be said about the pricing.” The organization reported lowest and highest premiums for men and women across 10 major ... Read more