Last week, the Centers for Medicare & Medicaid Services (CMS) released the 2022 premiums, deductibles, and coinsurance amounts for the Medicare Part A and Part B programs, and the 2022 Medicare Part D income-related monthly adjustment amounts.
With the Medicare open enrollment period beginning on October 15, we encourage Medicare beneficiaries to choose carefully between traditional Medicare and joining a private Medicare Advantage plan.
Every month after UnitedHealthcare® processes claims received from your provider (or receive claims from your pharmacy), we’ll send you a cost summary — it’s called an Explanation of Benefits, or EOB.
Many seniors assume Medicare automatically pays for mobility equipment like canes, walkers, and wheelchairs; oxygen equipment like nebulizers and CPAPs; other devices like continuous glucose monitors, respirators, infusion pumps and hospital beds.
If you’re nearing retirement age, health insurance and Medicare are probably on your mind as well. Do you understand how Medicare works and how the monthly premium is determined? You need to be in the know to avoid making costly mistakes. Here are some tips for potentially lowering your Medicare premiums.