Healthcare Gov News
Take Advantage Of The Open-Enrollment-Period To Avoid The ObamaCare Tax Penalty
We are rapidly passing through the three-month long Open-Enrollment-Period, (OEP), during which people can compare and select an ObamaCare Plan, for health coverage during 2016. Open-Enrollment-Period is November 1, 2015 – January 31, 2016. The Obama administration has recently announced that it will televise a national advertising campaign to counter-act the perception held by young workers and students with low incomes, that health-care insurance under the Affordable Care Act is non-affordable. With images showing workers in department...
read moreInitial Enrollment Period Is Important For Coverage Of Pre-existing Conditions.
If you are thinking of enrolling in Original Medicare, you have what is considered your, Initial Enrollment Period. That period is the ninety days before your 65th birthday, your birthday month, and ninety days after your birthday month. It is this period of time that you will want to examine a Medicare Supplement Policy. Why?, … because you are guaranteed coverage without any underwriting during this initial enrollment period, meaning, the insurance company can not disqualify you for pre-existing conditions. After your initial period...
read moreObamacare Doesn’t Cover Everything In Plans Part A, and Part B.
What’s not covered by Medicare Plans, Part A & Part B. Even if Medicare covers a service or item, there are two aspects of coverage that are the financial responsibility of the insured individual. 1. your coinsurance — the amount you may be required to pay as your share of the cost for services after...
read moreConfusing ObamaCares’, Medicare Supplement (aka Medigap) Plan, with the Medicare Advantage Plan.
Beneficiaries who are new to Medicare can find it to be very confusing, and are asking insurance agents about “Other Medicare Plans” on a daily basis. Most beneficiaries asking the questions are confusing Medicare Supplement (aka Medigap), and the Medicare Advantage Plan, calling their current plan a Medicare Supplement Plan when they are actually enrolled into a Medicare Advantage Plan. Medicare Supplement is NOT a Medicare Advantage Plan, and it is very important to know that the two plans work in very different ways. October 15...
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