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NORTHERN MICHIGANDERS’ “EASY PEASY” GUIDE TO MEDICARE CHANGES FOR 2021

Unsure of Medicare Changes 2021? No worries, here is your guide to 2021! Read Below to get informed!

#1 Covid-19 and Medicare Changes in 2021

There are daily changes in dealing with Covid-19… We live in such crazy times! Medicare does reimburse facilities for Covid-19 Testing and is committed to heling its recipients deal with Corona Virus issues. Medicare.gov or 1-800-MEDICARE will always be able to give you the most up to date information on medicare changes.

#2 Lower Out-of-Pocket Costs for Insulin

Finally! Now you won’t spend more money at the pharmacy than you do the grocery store! 2021 will have some Part D plans which will cap monthly co-pays for insulin at $35 for a 30 day supply! Whoo Hoo!

#3 ESRD Patients Can Take “Advantage” with Medicare changes 2021

Before 2021, patients with End Stage Renal Disease were not eligible for enrollment in Medicare Advantage Plans. If you have ESRD you now can take “advantage” of one of these plans!

#4 Acupuncture

Did you ever think you would see the day? Someone actually figured out these needle pokes can hep with chronic lower back pain. Now Medicare will cover it!

#5 Tele-Health Services

Sometimes our phones can be a headaches… aka telemarketers! However, your telephone can definitely be your friend in this case. Visit your doctor without leaving your home! Medicare is expanding coverage on these services.

#6 Cuts to Medicare

Recent Federal budget cuts will cut Medicare spending by $756 billion between 2021 and 2030. These cuts could require preauthorization from Medicare for certain procedures, encourage Seniors to see physician’s assistants more often than doctors, and reduce payments to doctors, hospitals, and hospice programs.

Even with the Medicare Changes in 2021, here is one thing that NEVER changes: our commitment to serving you and helping you find coverage that is tailored to your unique situation. Call 231-421-7391 for a complimentary Medicare Review today!

If you would like further information on planning for or reevaluating your retirement, or simply want to chat, give us a call at 231-421-7391.

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