Database launched to answer questions about Medicare
Posted: Wednesday, November 23, 2011 8:36 am
To help make Medicare annual enrollment easier for the 48 million people who rely on Medicare for their healthcare coverage, Allsup has launched Allsup Medicare FAQs 2012, at http://medicarefaqs.allsup.com http://ALLSUP.pr-optout.com/Url.aspx?514137x1270517x1069227. The free online database includes more than 100 common questions Allsup Medicare advisor specialists have fielded.
Allsup is a nationwide provider of Medicare plan selection and Social Security Disability Insurance (SSDI) representation services. Medicare annual open enrollment is now through Dec. 7.
“Most Medicare recipients are inundated with information during annual enrollment. Yet, they have a hard time finding answers to important questions,” said Adrienne Muralidharan, senior Medicare specialist for the Allsup Medicare Advisor. The Allsup Medicare Advisor is an impartial Medicare plan selection service that helps people understand and choose the most affordable and appropriate Medicare coverage for their healthcare needs. (Allsup does not accept fees or commissions from insurance providers and is not a Medicare plan provider.)
Available to all Medicare beneficiaries and their caregivers, Allsup Medicare FAQs 2012 provides quick access to a wealth of easy-to-understand information on the Medicare program. This includes general questions about Medicare. It also includes answers to questions on:
• Original Medicare (Medicare Parts A & B)
• Medicare Advantage plans (Part C)
• Prescription drug plans (Part D)
• Medigap plans
• Special circumstances
• Employer coverage and Medicare
• Cost sharing
• Creditable coverage under Medicare
• Extra Help – Low-Income Subsidy
The Allsup Medicare FAQs are updated continuously as new information is released on Medicare and as additional common questions surface from Medicare beneficiaries.
“Medicare is a virtual alphabet soup. Some of the information is perplexing to the average individual who just wants fast, straightforward answers to their questions,” Muralidharan said.
Top concerns for many Medicare plan participants revolve around the cost of Medicare. These include costs related to:
• Premiums – including premiums for medical services and prescription drug coverage – both of which will increase for 2012. The Medicare Part B base monthly premium for most beneficiaries will increase just 3.5 percent.
Premiums vary depending on income and eligibility.
• Co-pays – these can vary by plan and finding information to compare costs across plans can be difficult.
• Medigap plans – this supplemental coverage can help reduce unexpected out-of-pocket costs, but requires an additional monthly premium.
• Prescription drug medications – it’s important Medicare beneficiaries check how their prescription drug plan’s formulary changes year to year to ensure their medications will continue to be covered.
• Donut hole costs – those who reach the gap in prescription drug coverage will receive a 14 percent discount on generic drugs and a 50 percent discount on brand name drugs in 2012.