Medicare

GMIA, Inc. / Archive by category "Medicare" (Page 2)

What is the Low-Income Subsidy Benchmark Premium and How Does it Affect Medicare Advantage Prescription Drug Plans?

By GmiaAdmin | In Medicare , Medicare Enrollment , Part D Prescription Drug Plans

The Medicare Extra Help program, also known as Low-Income Subsidy (LIS), assists low-income people with Medicare out-of-pocket costs associated with Part D prescription drug coverage. We cover the specifics of this program in our previous blog, The Ins and Outs […]

March 1, 2023
4 Medicare Changes You Need to Know For 2023

By GmiaAdmin | In Medicare

There are many changes coming to Medicare this year due to the passage of the Inflation Reduction Act and other Medicare policies. Some changes will affect everyone on Medicare with adjustments to premiums, deductibles, and prescription costs. Other changes will […]

November 30, 2022
Can Non-U.S. Citizens Qualify for Medicare?

By GmiaAdmin | In Medicare , Medicare Enrollment

Do you qualify for Medicare if you are not a U.S. Citizen? If you are a non-citizen living in the United States, you may still qualify to enroll in Medicare if you meet certain requirements and are a lawfully present […]

November 7, 2022
5 Things to Consider When Approaching Medicare to Avoid Common Mistakes

By GmiaAdmin | In Medicare , Medicare Enrollment

There are many things to consider when you are nearing Medicare eligibility. Enrollment timelines and requirements can vary depending on many personal factors; making the wrong decision could cost you lifetime penalties or incomplete coverage. Here is a list of […]

June 8, 2022
What Are 5 Star Medicare Advantage Plans

By GmiaAdmin | In Medicare , Medicare Enrollment

Star ratings for Medicare Advantage plans are an easy way to know if you are enrolling in a plan that offers excellent healthcare and customer service. Medicare Advantage (or Part C) plans are rated from one to five stars, with […]

April 20, 2022
The In’s and Out’s of the Medicare Savings Programs

By GmiaAdmin | In Medicare , Medicare Enrollment

Medicare may give people access to medical coverage, but there are still many expenses that beneficiaries are responsible for. These expenses can add up from monthly premiums, co-pays, co-insurance, and prescription drug costs. For beneficiaries with limited income and resources, […]

August 10, 2021
The Ins and Outs of Extra Help, Low-Income Subsidy

By GmiaAdmin | In Medicare , Medicare Enrollment , Part D Prescription Drug Plans

Medicare costs can add up for beneficiaries for both prescriptions and medical costs. Even with Medicare coverage, they have a myriad of potential expenses including premiums, co-pays, co-insurance, and prescription drug costs, as well as potential penalties for Part B […]

June 24, 2021
How to Market and Grow your Medicare Business with LIS and MSP Eligible Beneficiaries

By GMIA Inc | In marketing , Medicare

Are you looking for ways to grow your Medicare business outside of the Annual Election Period (AEP)? Year-round marketing is not only essential for laying the groundwork for the next AEP, but it is necessary to gain year-round sales. A […]

June 24, 2021
2024 Part B Costs and IRMAA Brackets

By GmiaAdmin | In Medicare , Medicare Enrollment

How much does Medicare Part B cost? Some people automatically get Medicare Part B (Medical Insurance), and some people need to sign up for Part B. The amount you pay monthly can vary depending on your income, and if you don’t […]

April 6, 2021
How Does Medicare Work with Third Party Injury Payments?

By GmiaAdmin | In Medicare , Medicare Enrollment

Medicare is secondary payer to group health plan insurance in specific circumstances, but is also secondary to liability insurance (including self-insurance), no-fault insurance, and Workers’ Compensation (WC). An insurer or WC plan cannot supersede federal law by alleging its coverage […]

March 25, 2021

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