Posts Categorized: Medicare

Some Advice Now That Colorado is Starting to Get New Medicare Cards

Medicare has just announced that they have begun mailing new Medicare cards to Colorado residents. The new cards are designed to help protect your identity by using randomly generated numbers and letters, in place of your Social Security number. The Colorado mailing will take about a month to complete, so your friend or neighbor may…

Medicare alphabet soup! Ready to learn your A, B, C–and D’s?

There are four Parts to the Medicare law. Part A: Covers inpatient hospitalization; Skilled Nursing Facility; Home Health Care; Hospice. Part B: Covers pretty much everything else that is not covered by Part A, such as doctor visits, lab work, X-rays, ambulance and emergency room. Exception: Prescription drugs are covered by Part D. Part C:… Read more »

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,…

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…