A leading Atlanta based independent licensed insurance agent has launched a new report covering MACRA Medicare Changes in 2020. The team at Medicare Supplement Insurance explains that upcoming changes beginning in January 2020 can be confusing to clients and will impact newly eligible Medicare beneficiaries by eliminating the option to purchase certain policies.
More information can be found at: https://medicaresupplementinsurance.us
Since 2010, the team at Medicare Supplement Insurance has been serving clients with Medicare Supplement Insurance, Medicare Advantage Health Plans, and Part D Insurance Plans.
One of the things that sets the agent apart is that he has always taken a consultative approach to his services. The agent is known for carefully listening to his client’s questions. This is a key part of his service, because he represents multiple carries, so he can offer each individual a plan that suits their needs.
Now, with the upcoming changes to Medicare, the new report has been launched to answer questions and alleviate concerns. It highlights that those who will be impacted by the changes are all newly eligible beneficiaries on or after January 1, 2020.
These beneficiaries will no longer be able to purchase Medigap Plan C and Medigap Plan F policies. This does not apply to individuals who currently have Medicare Part A and Part B coverage, or to individuals who are on disability or have ESRD.
The report explains that Medicare is changing because decision makers believe the changes to Medicare will limit the overuse of services provided. In turn, this will help Medicare to save money and remain solvent.
Medigap Plan C and Plan F provide first dollar coverage for Original Medicare Part B, which eliminates Part B deductibles for these policy holders. The Part B deductible, which is $185 in 2019, is different than the standard Medicare Part B premium, which is $135.50 per month in 2019.
Eligible beneficiaries must be enrolled in Medicare Part A and Part B to obtain and maintain a Medicare Supplement Insurance Plan or Medicare Advantage Health Plan. Please be advised Medicare Supplement Insurance should not be confused with Medicare Advantage Health Plan.
The report then moves on to showing the alternative solutions for new beneficiaries. These include Plan G options and Plan N options.
To provide further assistance, Steve at Medicare Supplement Insurance is offering consultations to people at no cost. Interested parties can schedule a consultation with him by calling (770) 329-3194.
This agent is not connected with the Federal Medicare program. This is a solicitation for insurance and a licensed agent may contact you.
Release ID: 88928471