The Centers for Medicare & Medicaid Services (CMS) released the 2025 Medicare Parts A & B Premiums and Deductibles on November 8th, 2024. Medicare Part B Premiums/Deductibles The standard Medicare Part B monthly premium will increase $10.30 from 2024, from $174.70 to $185.00. The annual Part B deductible will also be increasing to $257 in […]
ATTENTION: BIG Changes Coming to the Medicare Market The Inflation Reduction Act of 2022 is bringing some major changes to the Medicare landscape that will impact all beneficiaries for years to come. Are you ready to help your clients find their best-fit coverage? In brief, the IRA made or will make the following changes to […]
Along with the launch of Medicare Part D in 2006 came a program for individuals whose income and resources were limited, providing assistance with the cost of their medications. This program is called Low Income Subsidy (LIS), or Extra Help, and covers 12.5 million individuals as of March, 2019. LIS individuals qualify to receive assistance […]
The National Association of Insurance Commissioners (NAIC) issued a warning about a new phishing scam targeting insurance producers. From their website https://www.naic.org, the alert says “We are aware of a phishing scam targeting insurance producers regarding a falsified insurance claim related to their company that has been submitted to the National Association of Insurance Commissioners. […]
From the U.S. Department of Health and Human Services, Office of Inspector General, “Fraud Alert: Genetic Testing Scam” – Updated August 13, 2019. The US Department of Health and Human Services Office of Inspector General is alerting the public about a fraud scheme involving genetic testing. Genetic testing fraud occurs when medicare is billed for […]
Many agents utilize Medicare.gov’s Plan Finder to run their clients’ drug lists each year in the search for the “best” coverage available. In doing so, agents have saved thousands of drug list ID’s and passwords so they can go back into the system the following year, retrieve the list and re-check the results. Starting October […]
