Medicare has two primary “parts”. Part A is often referred to as the “hospital” insurance. Part B is often referred to as the “physician’s” portion of Medicare. Part B of Medicare covers services provided by physicians and other health care…
Tag: Medicare Part B
Changes in Medicare Part B Premium for 2023
Medicare Part B provides coverage for services by a physician, outpatient hospital services, durable medical equipment and other health services that are not covered by Part A. Each year the Medicare Part B premium is revised based upon federal law. …
Social Security Will Increase by Almost 9% in 2023
According to applicable federal law, Social Security benefits are evaluated on an annual basis and the benefits are then calculated based upon the cost-of-living as measured by the Department of Labor Consumer Price Index (DPI). An increase in the Social…
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Medicare Premiums Will Decrease in 2023
Part B of Medicare provides coverage for services rendered by a physician. Medicare Part B is not free and requires that a person pay a premium for this coverage. For most individuals the Part B premium was $148.50 per month…
Income Cap Changes for Medicaid
In order to qualify for Medicaid assistance, an individual’s gross monthly income must be less than the Medicaid income cap. If a person’s gross monthly income is greater than the Medicaid income cap then he or she will not qualify…
