More Savings In The Drug Coverage Gap Co...

More Savings, Through 2020, In The Drug Coverage Gap. The 55% discount a beneficiary receives on brand-name prescription drugs covered by Plan D, will be added to the coverage gap percentage savings (Medicare prescription drug coverage) and will gain through 2020. Note: You’ll pay 25%, in 2020, for covered generic drugs and also for brand-name drugs, during the gap, it will be the same percentage you will pay from the moment the deductible is met, (if your plan has one) until the out-of-pocket spending limit is realized. The coverage-gap percentage...

Congressional Budget Deal Prevents Huge ...

16 million Medicare beneficiaries were facing a 52 percent increase next year in their premiums for Medicare Part B, but the Budget Deal worked out by the White House and Congress, held that to a 15 percent increase. Most beneficiaries have a “hold harmless” provision, which ensures that Social Security will not be reduced when Medicare Part B premiums increase. If inflation remains flat and the Social Security cost-of-living adjustment is zero, then we have a repeat of the fix in 2017 with most Medicare beneficiaries paying the same $104.90 monthly premium...

Medicare 2017 Will See Payments Cuts To ...

New Congressional budget agreement will make it more difficult for American seniors to find physicians and other health care providers in 2017. The Congressional budget agreement of 2015 proposes that over a two year period, a $80 billion raise in spending, and an emergency war fund increase of $32 billion, would be offset by Medicare 2016, and Medicare 2017 spending cuts, and cuts in Social Security benefits extended over the same two years. The Medicare 2017 savings would come from payment cuts to health care providers and doctors, leaving Medicare beneficiaries...

Increasing Costs For Medicare 2017, Incr...

As dictated by ObamaCare, (Patient Protection and Affordable Care Act), by 2017, Part B premiums, for seniors, will increase to $128.00, and there will be a rise in Part B deductibles to $180. There will be an increase to $1,336, in the Medicare hospital deductible for senior citizens, and at the same time, an increase to $334 for their daily hospital coinsurance. If senior citizens are hospitalized for more than 90 days, ObamaCare dictates an increase to $668 in their per diem coinsurance costs, during 2017 enrollment dates. These and other ObamaCare enforced Medicare...

Choosing a Medicare 2017 Supplement Plan

Choosing a Medicare Supplement Plan for 2017 will require balancing what the plan covers against what the plan will cost. Supplemental Plan F, covers all charges that Medicare 2017 Part A and Part B don’t. That means no out-of-pocket expenses for the beneficiary, however, Plan F is the most expensive plan, so it may not be cost-effective for everyone. Supplemental Plan G, is less expensive, but doesn’t cover any Medicare 2017 Part B annual deductibles. So again, the beneficiary must balance the cost of the plan against the actual number of times in the year...

Americans with Medicaid or Medicare

Under present laws, new enrollees in Medicare, non-senior Americans with Medicaid or Medicare, and those with income-adjustments Medicare premiums, can face premium increases. But without a Social Security benefit increase, disabled and retired senior adults cannot be issued Medicare premiums.