COBRA and Medicare

COBRA and Medicare: If You Don’t Know the Rules You Can Get Bitten

Medicare and COBRAWhat is COBRA?
COBRA stands for Consolidated Omnibus Budget Reconciliation Act and requires employers with 20 or more employees to offer an 18-month continuation of group health coverage. (more…)

Colorado Special Enrollment Period

Colorado Special Enrollment PeriodA Colorado Special Enrollment Period (SEP) will run from January 1, 2021, to June 30, 2021. During this time, you will be able to change from Medicare Supplement Plan F to Plan G without any medical underwriting. You will be able to change plans just by submitting a new application. To be eligible for the Colorado Special Enrollment Period, you must meet the eligibility requirements listed below.

Eligibility Requirements
• Are you a Colorado resident?
• Are you enrolled in Medicare Supplement Plan C, F, or Medicare High Deductible F?
• Did you enroll in your plan before January 1, 2020?
If your answer is yes, you will be eligible for the Colorado Special Enrollment Period (SEP).

Summary of Plan F vs. Plan G
Medicare Supplement Plan F covers 100% of all Medicare-approved copays and deductibles. Medicare Plan G covers all copays and deductibles except for the Part B annual deductible. In 2021the Part B deductible is $203.00. That means once you pay the Part B deductible, Plan G offers the same coverage as Plan F

Should You Consider Changing Plans?
The short answer is yes. People turning 65 after January 1, 2020, will no longer be allowed to enroll in Plan F. Premiums will increase as the people enrolled in Plan F age.

Typically, to change from Plan F to Plan G, you need to pass through medical underwriting. Because of this Special Enrollment Period, you can change plans just by submitting a new application. No underwriting is required.

Medical underwriting
Medical underwriting is based on your medical history. It is the process insurance companies use to decide whether or not to accept your insurance application and what premium you will pay for that insurance, and whether or not to add a waiting period for any pre-existing conditions

Medicare can be confusing. We can provide you with the information you need to make an informed decision. We make the complicated simple by shopping the plans and rates for you. There is never a fee, and you are under no obligation to use my services.

Medicare Explained in Plain English

Medicare and Telehealth Services

Medicare and TelehealthTelehealth
Due to the Coronavirus effective March 6, 2020, Medicare has temporarily expanded its coverage of Medicare telehealth services. Expanding the coverage means that people will be able to get coverage from more places, including their homes, using a wider range of devices and communication tools, which include Skype and smartphones. (more…)

Medicare and Durable Medical Equipment

Medicare Durable Medical EquipmentWhat is Durable Equipment (DME)
Durable Medical Equipment as defined by Medicare is reusable medical equipment that is medically necessary due to injury or illness. Examples of DME are blood sugar monitors, walkers, crutches, wheelchairs, and home oxygen equipment and their accessories. (more…)