Posts by Aakash Singh
Medicare Advantage Open Enrollment Period (OEP) Closing Soon
March 20, 2023 The Medicare Advantage Open Enrollment Period (OEP) runs each year from January 1 to March 31. During this enrollment window, those who already have a Medicare Advantage plan may be able to swap one Medicare Advantage plan for another or return to Original Medicare (Parts A and B). You may only make……
Read MorePart D Coverage for Shingles and Tdap Vaccines
May 22, 2023 Medicare Part D expanded coverage for some preventative vaccines as of January 1, 2023. The Biden-Harris Administration introduced the Inflation Reduction Act in 2022, which provides coverage for the shingles and Tetanus-Diphtheria-Pertussis (Tdap) vaccines. Medicare Part D fully covers the cost for both vaccines. This means Medicare beneficiaries will have no out-of-pocket……
Read MoreNew Alzheimer’s Drug Pending Full FDA Approval
June 26, 2023 On June 1, 2023, the Centers for Medicare & Medicaid Services (CMS) announced the possibility of Medicare coverage for a new Alzheimer’s drug. The Food and Drug Administration (FDA) is currently evaluating a new drug shown to slow the progression of Alzheimer’s disease. Pending full approval, CMS reports that Medicare is……
Read MoreCOVID-19 Public Health Emergency Ends
April 26, 2023 After three years, President Biden has ended the COVID-19 public health emergency in the United States. During the height of the pandemic, Medicare declared coverage for COVID-19 vaccines and boosters (including Pfizer, Moderna, and Johnson & Johnson). Additionally, Medicare covered testing at a COVID-19 testing facility and up to eight at-home testing……
Read MoreIncreased PET Scan Coverage for Alzheimer’s Patients
July 21, 2023 On Monday, July 17, the Centers for Medicare and Medicaid Services (CMS) announced the proposal of increased coverage for Beta Amyloid PET scans used to diagnose Alzheimer’s disease. Among other tests and assessments to diagnose Alzheimer’s, doctors use positron emission tomography (PET) scans to view changes in the brain. A PET scan……
Read MoreHawaiian Wildfires Public Health Emergency
August 23, 2023 On August 11, 2023, the Department of Health and Human Services declared a public health emergency in Hawaii due to the wildfires that began on August 8, 2023. Replacements for lost medical equipment and supplies The Centers for Medicare and Medicaid Service (CMS) is prepared to replace durable medical equipment, prosthetics, and……
Read MoreMedicare Drug Price Negotiation Update
September 25, 2023 At the beginning of 2023, the Centers for Medicare and Medicaid Services (CMS) announced that work had started on the Medicare Drug Price Negotiation Program. As part of the Inflation Reduction Act of 2022, the program aims to lower prescription drug costs for Medicare beneficiaries. For the first time, Medicare has begun……
Read More2024 Medicare Part B Updates
October 24, 2023 Earlier this month, the Centers for Medicare and Medicaid Service (CMS) announced the Social Security Administration’s 2024 Medicare Part B premiums and deductibles. The standard Medicare Part B premium for 2023 is $174.70. This is an increase of $9.80 in comparison to 2023’s standard Part B premium of $174.70 for Medicare. The……
Read MoreMedicare Annual Enrollment Ending Soon
November 28, 2023 The Medicare Annual Enrollment Period ends on December 7. Here are a few things to remember prior to enrollment. Have more questions? Take a look at our list of Medicare Annual Enrollment Period FAQs. What is AEP? AEP, also known as the Medicare Annual Enrollment Period or Open Enrollment, is the time……
Read MoreMedicare Reminders for the New Year
December 21, 2023 In 2023, a few Medicare changes and updates were announced. Below outlines the updates to keep in mind as we move forward into 2024. Premiums and Deductibles The Centers for Medicare and Medicaid Services announced the changes to Part B premiums and deductibles. The standard Medicare Part B premium in 2024 will……
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