Medicare is a critical component of healthcare for retirees in the United States. As open enrollment approaches, beneficiaries face an important decision: stick with Original Medicare or switch to a Medicare Advantage plan. While Medicare Advantage plans often entice with low or zero premiums, they come with tradeoffs that may not suit every retiree. Here … Read more
Medicare is a federal health insurance program mostly for people aged 65 and older, though some younger people with disabilities can also get coverage. Every year, there is a special time for people who already have Medicare to check their plans and make any changes if necessary. This period is called Medicare Open Enrollment, and … Read more
When the yearly open enrollment period arrives, Medicare users have the option to select a healthcare plan. However, millions of seniors may lose access to their Medicare Advantage plans this year because several major insurers are discontinuing them. This change is largely due to the Inflation Reduction Act, which lowered government reimbursement rates, making it … Read more
In 2025, around 25% of Medicare Advantage plans in Oregon will be discontinued due to the impact of the Inflation Reduction Act (IRA). This change aims to make healthcare services more affordable for seniors struggling with financial challenges. However, the reduced payments to insurance companies have led some major providers, like Moda Health, Summit Health, … Read more
As 2024 ends, seniors should start planning their health care needs for 2025. With Medicare’s open enrollment now open until December 7, it’s time to review current plans and consider making changes. This period is critical for beneficiaries, allowing them to adjust their health coverage based on future needs and budgets. What Is Medicare Open … Read more
As we approach 2025, those who have Medicare should already be thinking about their plans for next year. Around 67.4 million people eligible for Medicare have received their Medicare & You 2025 handbook and the Annual Notice of Change (ANOC). These documents are important because they provide updates on changes to coverage, benefits, costs, and … Read more
A recent report has raised concerns about the way Medicare Advantage plans are using home health visits to secure extra payments. These home visits, known as health risk assessments (HRAs), are supposed to help patients who are unable to leave their homes due to serious health problems. However, the report claims that these visits are … Read more
