Kodak Employees Can Avoid Crowded Medicare Meetings

Many Kodak employees are scrambling to find out about different health insurance options available since losing retiree benefits recently and this is causing very crowded local meetings with Excellus Blue Cross And MVP Healthcare. Unfortunately, when you go to a community meeting you will learn about only one company at a time and this means you will have to go to several different meetings in order to learn about your different options. There is a much better easier way to go about this and you will save time and get a better understanding of your choices.

First of all, there are more choices available than just MVP or Excellus. There are several companies that offer Medicare insurance plans in Rochester and many other options also available for those who do not live in Rochester or travel frequently. Many companies and organizations will actually schedule a personal appointment with a representative that will help you navigate through the complex world of Medicare insurance.

There are also a few organizations and companies that provide Medicare Insurance help lines to assist seniors on an individual basis. You may call Lifespan or also Century Benefits Group Inc. offers a Free Health Insurance helpline dedicated to Seniors at 1-800-698-7477.

This approach may be much more beneficial to Kodak retirees since they will provide you with information and options available from all companies. You will be able to ask questions and receive personalized non-biased information and also learn about any programs or subsidies that you may qualify for. For More information you may visit www.nymedicare.org

Kodak Retirement Medical Benefits Needs And Solutions

If you are a Kodak retiree and have recently lost your medical benefits you have options. Century Benefits Group, a Rochester, NY health insurance firm has a complete portfolio of insurance options for Kodak employees based on each persons individual needs. Listed below are some insurance needs and solutions to some of the many issues facing Kodak retirees nationwide.

 You Have A Winter And Summer Residence And Split Time Between The Two

This is a common occurance among Kodak employees. If this is your situation then you will want to obtain either a Medicare Supplement plan or a Medicare Advantage PPO. Keep in mind that if you decide to go with Medicare Advantage it MUST be a PPO in order to use the plan at any Medicare provider for non emergency situations.

Medicare supplement plans can vary in price according to your place of residence. When obtaining a quote you will usually need to provide Date of Birth, Zip Code, Effective Date Of Medicare Part A AND B, and your county of residence. Some of this information may not be necessary in a couple of states but you should have it available just in case.

Note: If you enroll in a Medicare Supplement Plan and need Prescription drug coverage you will need to apply in a separate Medicare Part D plan.

For personalized information call 1-800-683-6729 and you can request a list of plans available in your home area.

You Retired From Kodak And Now Stay Close To Home Most Of The Time

If you stay near your home area most of the time and don’t travel often you may want to consider a Medicare HMO plan. With a Medicare Advantage HMO plan you will be required to receive your health care from a plan Network provider. Each private insurance plan has established their own network of health care facilities and health care professionals to cater to their members. This will often result in lower co-pays and monthly premiums for the member, however, you should always check to see if your hospitals and doctors will accept the plan before you decide to enroll. With a Medicare HMO you may only receive EMERGENCY coverage from non-network providers.

For personalized information call 1-800-683-6729 and you can request a list of plans available in your home area.

You Only Have 1 Residence But Travel Often

In this case you should refer to the first section of this article and consider Medicare Supplement or Medicare PPO plans UNLESS you only use routine Medical services in your home area. Medicare HMO plans do provide EMERGENCY services out of network but that is very limited.

For personalized information call 1-800-683-6729 and you can request a list of plans available in your home area.

Very Important New AEP Medicare Open Enrollment Dates For 2011 2012

It is very important to realize that there are new enrollment periods for Medicaere Advantage, Supplement, and Part D Prescription Drug plans starting this year. On October 15th through December 7th you will be allowed to make as many changes in your Medicare Advantage or Part D Plans. After December 7th your final selection will be your plan until next years AEP unless you qualify for a special election period. Consult with your agent or broker early to find out which is the best plan to suit your needs.

The Difference Between Medicare And Medicaid

Medicare Medicaid What Is The Difference?

I am asked this question many times each day so I have decided to write this post to provide a definition, summary and an overview of some benefits related to each program.

Medicare

Medicare is a health insurance program for those 65 or older and those receiving Social Security Disability disability for 2 years or more. Some will also receive Medicare for certain medical conditions such as end-stage renal disease or Lou Gehrig’s disease.  Medicare is administered by the FEDERAL Government.

Original Medicare is composed of Part A (hospital benefits) and Part B (outpatient services). Anyone American citizen who has worked a combined total of at least 40 quarter in their lifetime and paid taxes is eligible for Medicare A with no premium. There is a premium for Part B. The Part B monthly premium is loosely based on your income bracket.  For specific  premium information please refer to the

Medicare And You 2011 Handbook

Medicaid

Medicaid  is a health insurance program for those who are considered low-income based on specific guidelines set forth by Federal, State and County agencies. Medicaid is funded by States and Counties as well as subsidies from the Federal Government. Medicaid is NOT Medicare and is administered at the COUNTY level. To apply for Medicaid you will want to visit your local Social Services office.

Dual Eligible Beneficiaries

There are some who may be eligible for both Medicare And Medicaid. If a beneficiary is eligible for both programs the term used is “dual eligible”. In these cases Medicare would be the primary payer. Dual eligible beneficiaries must re-certify with Social Services each year and report any changes or increases in income.

I will be adding more detailed information related to this topic in the very near future, however, you can find many guides, forms and publications by visiting http://www.choicesformedicare.com or leave a comment and I will be happy to help.

Discover The Many Medicare Health Insurance Options For Seniors

There are many health insurance options for seniors which include standard Medicare and standardized Medicare Supplemental insurance plans. These Medicare Supplemental insurances are also called Medigap policies of which there are twelve.

Every Medicare Supplemental insurance plan, labeled A through N, offers the same coverage at varying benefit combinations and premiums. Not all Medicare Supplemental insurance plans are offered in every county statewide. Some states will have their own plans that offer coverage that is comparable to the countrywide plans.

Given that these are standardized Medicare Supplemental plans, the coverage is identical for all twelve plans. The difference is only in the cost of the plan. While all plans cover the same items in different combinations, there will be a difference in premium between companies.

Here are a few things that everyone should know about Medicare Supplemental coverage plan premiums. Continue reading

How Medicare Advantage Plans Can Have $0 Premium

One of the questions I am asked most frequently is “how can a Medicare Advantage plan have No Premium”  This is a very valid question and I am writing today to try to shed some light on this question.

The simple answer is Government subsidies. When you sign up for a Medicare Advantage plan the Federal Government pays the Insurance company a certain amount or “Premium” each month to handle all of your medical claims. The amount of money is determined by many factors such as the cost of Medical care in your County and other factors.

As you know the government takes money from your Social Security check each month for your Medicare Part B premium. If you were to decide to stick with Original Medicare ONLY the government would pay a portion of your bills and you would be responsible to pay the rest.

The problem with Medicare has always been the “GAPS” in coverage and the co-insurance. Without going into too much detail here’s some of the expeses you will encounter with Original Medicare ONLY: Continue reading

Anthem Blue Cross Takes The Lead For 2011 Medicare Plans

With the recent CMS suspensions of Aetna, Health Net, Universal American (otherwise known as Today’s Options), and Arcadian many Medicare beneficiaries are trending towards the Blue Cross and Blue Cross Blue Shield Medicare supplement and advantage plans throughout most of the Nation.

Wellpoint who is the parent company of Anthem Blue Cross, Anthem Blue Cross Blue Shield, Blue Cross Blue Shield of Georgia, Empire Blue Cross of NY and Empire Blue Cross Blue Shield of NY to name a few came into 2011 with a very competetive portfolio of plans and was well positioned to take a large share of the Medicare Advantage market also revamped their Medicare Supplement rates to become more competetive than in past years.

While having minor compliance difficulties in past years, Wellpoint came out ready for the 2011 season with efficiency and incredible organizational improvements and looks like it is going to be another profitable year.

With Medicare Advantage plans offering extra value added benefits such as the popular “Silver Sneakers” fitness program, preventative dental, vision allowances, and even hearing benefits the Blue Cross plans for 2011 have something for everyone.

Even more important than the value added benefits are the reasonable co-pays, large networks and low out of pocket maximums. With the many PFFS plans dissapearing this year Wellpoint has not missed a beat replacing them with the very popular PPO plans which allow members to use Doctors and Providers In OR Out of Network giving the patient more freedom of choice these popular plans are called Freedom Blue which is a very appropriate description.

Although these Blue Cross plans have very large networks it is always quite re-assuring that you can keep ALL of your doctors and providers which makes everything a lot easier. Anthem, Anthem of California and Empire Blue Cross and Blue Cross Blue Shield have also implemented a very convenient online shop and enroll tool for those who are computer savvy. If you’re not so comfortable online simply request an enrollment kit and you will have one at your doorstep in just a few short days.

To request materials or shop online visit www.bluecrossmedicare.org or www.bluecrossmedicare.net