With the Affordable Care Act, Medicare has been given a new mandate to catch fraud and waste and reinvest those funds into genuine care for seniors. Hospitals are getting new and strong incentives not just to cut fraud and waste, but also to improve quality of care and offer services that produce the best patient outcomes.
The emphasis is on efficiency (give people what works instead of what’s most expensive) and coordination between doctors and other health care providers. That can reduce the number of hospital readmissions for the same condition by ensuring you’re ready to go home the first time you’re released.
Insurance is being given a mandate, too. Insurers are encouraged to limit the amounts they spend on administration by using technology more effectively, to keep less of the premiums they collect as profits, and to spend more on services that create better health outcomes for their members.
You can get more help to improve your bottom line when it comes to health care, too. Medical bills are one of the main worries that seniors fear will eat up all of their retirement savings. What if you could get a professional review by a licensed agent to see where gaps in Medicare could cost you hundreds, or even thousands, of dollars in a single year – and it wouldn’t cost you a single penny?
MediGap Advisors offer free, no-obligation evaluations of your Medicare coverage, what Medicare doesn’t cover and how you can fill those gaps with Medicare Supplement insurance. Just give us a call at 866-323-1441 to schedule your free consultation, or learn more from our online Medicare Supplement Insurance Guide. It’s that easy to be sure you’re protected from unexpected medical bills.
Wiley Long is founder and president of Medigap Advisors, and is passionate about helping people navigate the confusing waters of Medicare. He is the author of The Medicare Playbook: Designing Your Successful Health Coverage Strategy, a clear and simple explanation so you can make the most of your Medicare coverage. For more information visit www.MediGapAdvisors.com.