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Dec
5

MEDICARE CHANGES FOR 2013

 Uncategorized
MEDICARE CHANGES FOR 2013

It’s hard to imagine but the end of the year is almost upon us. With a new year, what do seniors have to look forward to in 2013? The state of Medicare is in a constant state of change and with so much news - for good and for bad - it is sometimes hard to understand what is available. 

One important date to note is that open enrollment ends on Friday, December 7, 2012. If you haven’t had a chance to make a change to your health or prescription drug coverage for 2013, this is the time to do this. If you want to make a change and do not, you may have to wait until next October for a new opportunity.
There are a couple of new changes to Medicare that may affect you in 2013. It is important to note these changes.

THE DONUT HOLE

The Medicare Part D coverage gap - also known as the ‘donut hole’ - is the space between your initial coverage limit and your catastrophic coverage threshold in the prescription drug program. While this, initially, could cost seniors a lot of out-of-pocket expenses, as of 2010, the donut hole has begun to close due to the Affordable Care Act of 2010 (Obamacare). In 2013, this gap will close further costing the elderly less on name brand and generic drugs. By 2020, the plan is to close this gap down to 25%.

PREVENTATIVE SERVICES

Also, in 2010, Medicare changed its rules and started offering more preventative services. In 2013, this preventative coverage will also include screening and counseling for depression, cardiovascular disease, obesity, and alcohol problems. For a complete list of these preventative searches, you can find them on the government’s web site, located at: http://www.capitalhealth.com/Medicare-2013/2013-CHP-Preferred-Advantage-HMO/Benefits-Coverage/Preventive-Services .

If you have any questions, please feel free to contact the Kabb Law Firm at: 216-991-KABB (5222).