Senior Market Forum - A Place to Learn and Grow

Members Login
Username 
 
Password 
    Remember Me  
Post Info TOPIC: Part B premium increasing


Newbie

Status: Offline
Posts: 3
Date:
RE: Part B premium increasing
Permalink   
 


There are 12 standard Medigap plans, labeled A through L, that offer different levels of health coverage. Even though different insurance companies sell these policies, the benefits of each standard Medigap plan are always the same. For instance, a Medigap Plan E policy should offer set benefits no matter which company you buy it from.
Medicare Supplement Plan J is one of the Federally-standardized Medicare Supplement plans. Much has been written and discussed about the upcoming June 1, 2010 changes to the standard Medicare Supplement plans. One of the major changes with the modernization of the plans is the elimination of several plans, including Medigap Plan J. It is important to note, however, that existing Plan J policyholders will not lose their current Plan J coverage with this modernization of the plans.

__________________


Newbie

Status: Offline
Posts: 3
Date:
Permalink   
 

The part B premium is going for $96.40 to $110.50 in 2010. It will affect 1 out of 4 beneficiaries. If your client is set to have their part B effective date begin on 1/1/2010, they will receive the new premium. This has already happened to me.

__________________
Page 1 of 1  sorted by
 
Quick Reply

Please log in to post quick replies.



Create your own FREE Forum
Report Abuse
Powered by ActiveBoard