Medicare Diabetes Prevention Program: An Overview
Go Health Insurance
by GoHealth Social Media team
4y ago
Healthcare spending in the United States is approximately $3.3 trillion or $10,348 per person annually — and continues to grow. Each year, Medicare spends more than $104 billion treating patients with diabetes. According to the American Diabetes Association, an estimated 25 percent of Medicare-eligible seniors have diabetes, and the prevalence of prediabetes is especially high in this age group. The Centers for Medicare & Medicaid Services (CMS) estimates that it spent approximately $1,500 more on Part D prescription drugs, $3,100 more for hospital and facility services and $2,700 more in ..read more
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Understanding Medicare Part D
Go Health Insurance
by GoHealth Social Media team
4y ago
If you areMedicare-eligible , you may find that navigating Medicare can be tricky. Now that the Annual Enrollment period is here, you may have started researching your options and coverage under Medicare. Your first step when signing up for Medicare is to see what plans you qualify for based on your state and income. When deciding on the right Medicare plan for you, it’s important to look for what you need and want from your healthcare, whether that’s a focus on preventative care, or a plan that ensures your current medication regimen is continued. Prescription Coverage If you require access ..read more
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Medicare for Diabetics: An Overview
Go Health Insurance
by GoHealth Social Media team
4y ago
Chances are you know someone with diabetes. That’s not surprising, given that 30.3 million people—or 9.4 percent of the population of the United States—have diabetes, and this number is only growing. Approximately 1.5 million Americans are diagnosed with diabetes every year, with American/Alaska Natives having the highest prevalence of diagnosed diabetes for both men and women. Just two years ago, the Centers for Medicare & Medicaid Services (CMS) estimated that it spent $42 billion more on Medicare beneficiaries with diabetes than it would have spent if those beneficiaries did not have t ..read more
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Self-Funded Health Plans: 10 Terms to Know
Go Health Insurance
by GoHealth Social Media team
4y ago
Curious about self-funded health plans but confused by all the jargon? GoHealth is here to help with 10 terms you need to know before jumping into the world of self-funded healthcare: 1. Self-Funded Let’s start with the basics: What is a self-funded health plan? According to Health Care Administrators Association, a self-funded (or self-insured) plan is one by which your employer assumes financial risk, paying for claims out-of-pocket rather than at a predetermined premium. 2. Fully-Insured Alternatively, a fully-insured health plan, as defined by the Business Benefits Group, puts the financi ..read more
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Key Changes for Open Enrollment 2019
Go Health Insurance
by GoHealth Social Media team
4y ago
Have you looked into the Open Enrollment Period (OEP) for 2019 yet? Not only did registration begin Nov. 1, but the Dec. 15 deadline is looming! Don’t panic, we have you covered so that you can lock in your policy before then. Here are some important things to note about Open Enrollment 2019 before you make your decision: No Fines The good news is you won’t be fined for not having health insurance in 2019. In previous years under the Affordable Care Act, if you went without coverage and didn’t fall under health-coverage exemptions, you might’ve incurred a fee (also known as the “Share Respons ..read more
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Open Enrollment 2019: Key Dates to Know [Infographic]
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by GoHealth Social Media team
4y ago
Open Enrollment 2019 is here! Before you shop for health insurance coverage, make note of these key Open Enrollment dates to know so you don’t miss a deadline. Then, when you’re ready to shop for coverage, call GoHealth at 866-931-9240 to get help from our licensed insurance agents. The post Open Enrollment 2019: Key Dates to Know [Infographic] appeared first on Go Health Insurance Blog ..read more
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The Deadlines for 2019 Open Enrollment by State
Go Health Insurance
by GoHealth Social Media team
4y ago
It’s that time of year again! The Open Enrollment Period for the 2019 Health Insurance Marketplace is here. The Health Insurance Marketplace is for those who do not have insurance through an employer, Medicaid, Medicare, or the Children’s Health Insurance Program (CHIP). Open Enrollment is the annual period established under the Affordable Care Act (often referred to as the ACA or Obamacare) in which you can enroll in a new health insurance plan through the Health Insurance Marketplace. Open Enrollment for 2019 runs from Nov. 1, 2018 through Dec. 15, 2018 in most states. Plans sold durin ..read more
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Have You Considered Medicare Part B?
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by GoHealth Social Media team
4y ago
Some things aren’t mandatory, but they’re certainly a good idea. For instance, you don’t have to turn your car off while getting gas, but it might be a little dangerous to leave it running. No one’s going to arrest you if you deviate from a recipe when baking a bundt cake, but then you run the risk of a collapsed treat. Though some people have the belief that enrolling in Medicare Part B is mandatory when they turn 65, that’s actually not the case. However, delaying enrollment or failing to enroll may result in considerably higher medical bills and even a penalty. The latest numbers show that ..read more
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The Difference Between Medicare Advantage and Medicare Supplement Plans
Go Health Insurance
by GoHealth Social Media team
4y ago
Have you ever gone to the grocery store to buy a product and been confused by how many brands were available for that one item? It makes what should be a simple decision confusing. Likewise, products with similar names can sometimes be hard to differentiate. If you’re not sure of the differences between Medicare Advantage and Medicare Supplement plans, you’re not alone. The healthcare industry can be confusing with its multitude of complex terms and acronyms. In fact, it’s fairly common for people to think they need a Medicare Advantage plan and a Medicare Supplement plan. That’s not true, th ..read more
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Medicare in 2019: Changes You Should Know
Go Health Insurance
by GoHealth Social Media team
4y ago
Whether it’s your first time enrolling in Medicare or you’re already familiar with the program, all enrollees need to learn about its impending changes coming in 2019. The 53-year-old program—signed into law in 1965 under the Social Security Administration—will undergo a massive transformation affecting its 60 million members. Although enrollees may feel concerned by the word “changes,” they should find relief in knowing these changes are for their own benefit. Those looking to enroll in Medicare to take advantage of these improvements may do so during Medicare Annual Enrollment, which takes ..read more
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