So , you ‘ve reached the magic age of 65. Congratulations! Now what?
CS AdvoCare, Inc. can help guide you or your employer through the Medicare Maze. We will provide answers to these questions and more:
- Do I have to enroll in Medicare when I turn age 65?
- Can I keep my employer coverage?
- When do I enroll in Medicare?
- What health coverage should I have with Medicare? A Medicare Advantage Plan or Supplement?
- What about my prescription drug coverage?
- What about my spouse’s or dependent’s coverage?
- When should I take Social Security benefits?
- How do I apply?
CS AdvoCare is here to help you make the best decision for your situation and guide you through the process. Give us a call today!
Schedule a consultation today! 303-755-1845
We are in a new age and with that comes the sophisticated scam artist. These scam “artists’ are using the latest technology like; FaceBook, Internet, and Smart Phones to target and take advantage of the elderly. Some of the latest scams that you and your friends and family should be aware of include:
IRS Scam — Phone call or emails from someone claiming to be from the IRS to collect payment for overdue taxes. These callers may threaten jail time or drivers license revocation. Go to www.irs.gov to report a scam.
Jury Duty Scam — Phone call from someone claiming to be with the courthouse. They claim that you failed to report and a warrant has been issued. They demand payment or threaten arrest. Hangup and call the courthouse to report.
Utility Scam — This is another fear-based scam that involves convincing you that the utility company is about to cut off service due to unpaid bills. The scammers will naturally want money sent to them by money transfer or a prepaid card. Hangup and contact your utility company to report.
For more information on Senior Fraud go to: http://www.fbi.gov/scams-safety/fraud/seniors
Coloradans can buy health insurance, as a new customer, from the health insurance marketplace if they have a special circumstance, known as a qualifying life event, which include the situations below. Those eligible for Medicaid or Child Health Plan Plus can enroll any time of the year.
- Marriage, birth, adoption, and placement for foster care
- You lose access to minimum essential coverage (involuntary loss of coverage)
- Your employer-provided coverage is no longer available
- You become a resident of Colorado
If you have Medicare, you’re considered covered and don’t have to make any changes. If you have Medicare, you can’t use the Marketplace to buy a supplemental plan or dental plan.
The annual Marketplace Open Enrollment begins on November 15, 2014 and ends on February 15, 2015. If you would like you plan to start on January 1 you need be enrolled by December 15, 2014.
CS AdvoCare does not provide advice on Marketplace plans however, we can provide contact information for marketplace navigators, brokers, and enrollment information.
CS AdvoCare—Our Services
We are here to assist you, a family member or someone you know. Our services include:
- Consulting— Medicare and Social Security. Review your health insurance coverage.
- Accounting/Fiduciary— Provide personal bookkeeping services. Serve as power of attorney, trustee, or as a conservator for either financial or medical decisions.
- Medical Claims—Tracking medical claims and medical costs for tax reporting. Handling appeals.
- Lunch and Learn for employers and their employees to understand Medicare and Social Security.
To learn more or to arrange a consultation, please call us at 303-755-1845
People with traditional Medicare supplemental coverage are limited to when they can join or change their supplement. You can drop your supplement and join an Advantage plan during the Annual Open Enrollment.
If you joined an Advantage plan for the first time, you can switch to a supplement only during the first twelve months. Supplement plans have a guarantee issue during your initial open enrollment and special enrollment periods only. After that you may be subject to underwriting and possible coverage denial.
If you have a Medicare Advantage plan or Part D Prescription plan you can make changes during the annual Open Enrollment – October 15th thru December 7th.
2015 prescription coverage changes:
- Initial Deductible: Changes from $310 to $320
- Initial Coverage Level: Changes from $2,850 to $2,960
- Out-of-Pocket Threshold: Changes from $4,550 to $4,700
- Coverage Gap Discounts: 55% Brand and 25% Generic for 2015
CS AdvoCare will review your Medicare plan options for you during open enrollment, when you are thinking about retiring, or anytime you want to understand your coverage. We provide a detailed summary that includes your estimated drug costs and a recommendation for the plan that fits your coverage needs.
If you would like your Medicare Plan options reviewed – Call Us Today! 303-755-1845.
July 1st, 2013 the government expanded its durable medical equipment competitive bidding program for durable medical equipment, prosthetics, orthotics and supplies. Colorado is now part of the program which aims to crack down on fraud and waste.
The Competitive Bidding Program replaces the outdated prices Medicare has been paying with lower, more accurate prices. Under this program, suppliers submit bids to provide certain medical equipment and supplies at a lower price than what Medicare now pays for these items. Medicare uses these bids to set the amount it will pay for those equipment and supplies under the competitive bidding program. Qualified, accredited suppliers with winning bids are chosen as Medicare-contract suppliers. Beneficiaries must use a Medicare approved vendor to receive benefits. The bidding program:
- Helps you and Medicare save money
- Ensures that you have access to quality medical equipment, supplies, and services from suppliers you can trust
- Helps limit fraud and abuse in the Medicare Program Medicare also has a new National Mail-Order Program for diabetic testing supplies, which applies no matter where you live.
If you have questions about how the competitive bidding program might affect you, please give us a call at 303-755-1845.