Posts By: Peter Trozan

Finally! Social Security Numbers to be Removed from all Medicare Cards

Medicare beneficiaries have complained for years about having their Social Security number on Medicare cards. Their concerns are finally being addressed, as the familiar red, white and blue Medicare card finally gets a makeover after half a century. Starting in April, the government will begin the monumental task of mailing out new Medicare cards to…

Medicare Plan Termination by Rocky Mountain Health Plans is Golden Opportunity

“Bad News? — Not Really!” You may know some of the over 700 individuals in Northern Colorado that might feel they received some bad news in the last two weeks… a letter notifying them that Rocky Mountain Health Plans (RMHP) will terminate their Cost-plan Medicare policies in Northern Colorado effective January 1, 2018. In reality,…

Medicaid to Millionaires Must Stop!

In a recent appearance at CSU, Senator Michael Bennet denounced Congress’ attempt to revamp and improve the failed Affordable Care Act (ACA), better known as Obamacare. Bennet appeared most unhappy that fewer people would qualify for Medicaid coverage. Voters might be better served if Bennet would explain why he voted for a law that allows…

Final 2017 numbers for Social Security COLA and Medicare Premium Increases

The Centers for Medicare and Medicaid (CMS) — The agency that oversees Medicare and Social Security-recently announced the final figures on 2017 cost of living increases for Social Security and new Medicare premiums and deductibles. Social Security recipients will receive a tiny 0.3% cost of living adjustment (COLA) increase for 2017. This would increase the…

Social Security Benefits and Medicare Premiums may be going up in 2017

Social Security benefits are projected to increase by a tiny amount in 2017. The 0.2% COLA increase projected by the Social Security Trustees report released on June 22 of this year, would theoretically, increase the average Social Security benefit of  $1350 by $2.70 per month in 2017. But Social Security recipients won’t actually see that…

Tax Returns get more complicated as result of Obamacare

As if tax forms weren’t complicated enough, here come two new forms concerning the new Affordable Care Act (ACA), popularly known as Obamacare. Form 8962 (Premium Tax Credit) and Form 1095-A (Health Insurance Marketplace Statement). Form 8962: This form determines if you are subject to the Obamacare penalty if you failed to have an approved…

Medicare Choices Open Up in October

Medicare open enrollment season is right around the corner. Beginning October 15th and ending December 7th, open enrollment provides Medicare beneficiaries with several choices. The two main decisions to make are whether to couple a Medicare Supplement with Original Medicare or opt for one of the newer Medicare Advantage Plans.   Medicare Supplement: Also known…

Authorizing others to help you with insurance matters

Let’s say that Eleanor Rigby struggles to make sense of all her doctor bills and explanation of benefits from the insurance company. Something about those bills is not making sense and since she has no friends or relatives nearby, she asks her priest, Father McKenzie, to call her insurance company to help her make sense…