If you have a Medicare Advantage plan, you may be eligible for an over-the-counter (OTC) benefit that can help you pay for certain OTC medications and health-related items. The specific details of your OTC benefit will vary depending on your plan, but it may cover items such as: · Pain relievers (such as ibuprofen or […]
How can I get money for over the counter items while I’m on Medicare? Read More »
Yes, Medicare Part B covers walking canes as durable medical equipment (DME) if they are deemed medically necessary by your doctor. This means that Medicare will pay for a portion of the cost of your cane, and you will be responsible for paying a copayment or coinsurance. Here are the conditions that must be met
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Medicare Part B is a voluntary outpatient insurance program that helps pay for doctor visits, medical tests, and other healthcare services. You must pay a monthly premium for Part B coverage. However, there are a few ways you may be able to get your Part B premium back. Medicare Part B Giveback Benefit Some Medicare
How do I qualify to get back my Medicare part B premium? Read More »
Medicare late enrollment penalties are additional charges that Medicare beneficiaries pay if they delay enrolling in Medicare Part B (medical insurance) or Medicare Part D (prescription drug coverage) beyond their initial enrollment period. Part B late enrollment penalty If you delay enrolling in Part B for more than 12 months after you are first eligible, you
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Chronic conditions are long-term health problems that require ongoing care and management. They are the leading cause of death and disability in the United States, and they account for more than 75% of Medicare spending. The most common chronic conditions among Medicare beneficiaries include: Medicare provides coverage for a wide range of services and treatments related to
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Medicare and Medicaid are two government-run health insurance programs in the United States. They are both designed to help people pay for medical care, but there are some key differences between the two programs. Medicare Medicare is a federal health insurance program for people who are 65 or older, or who have certain disabilities or
Medicare vs. Medicaid: What’s the Difference? Read More »
Medicare used to have a limit on the amount of physical therapy that it would cover in a year, but this limit was lifted in 2018. This means that you can now have as much physical therapy as is medically necessary each year, without having to worry about running out of coverage. However, Medicare does
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Yes, Medicare will cover most types of eye surgery, including cataract surgery, glaucoma surgery, and macular degeneration surgery. However, there are some exceptions. For example, Medicare will not cover cosmetic eyelid surgery or LASIK surgery. To be eligible for Medicare coverage for eye surgery, you must meet the following requirements: Medicare will cover 80% of
Will Medicare cover my eye surgery? Read More »
Yes, you will pay a penalty if you don’t have a Medicare drug plan while you’re on Medicare, unless you have creditable drug coverage from another source. The penalty is called the Part D late enrollment penalty. The penalty is calculated by multiplying 1% of the national base beneficiary premium (also called the “base beneficiary
Will I have a penalty to pay if I don’t have a drug plan while on Medicare? Read More »
Generally, Medicare does not cover over-the-counter (OTC) items, such as pain relievers, cold and allergy medicines, and vitamins. However, there are a few exceptions. If you do not have Medicare Advantage coverage for OTC items, there are a few ways to save money on OTC items. Some pharmacies offer discounts on OTC items to seniors.
Does Medicare cover Over The Counter items? Read More »
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