Some people in powerful positions are doing something besides pushing for cuts to Medicare and the plans that make Medicare coverage more comprehensive. Could reducing fraud actually save the Medicare, Medicare Advantage Plans and Medigap Insurance Plans we know today?
People are getting serious about stopping a few from robbing many of millions of taxpayer dollars that could fund Medicare. In Miami, federal prosecutors arrested 21 people for alleged Medicare fraud in February. On August 23, Defendant Jose Nunez, MD, pleaded guilty in Miami federal court to conspiracy to commit health care fraud. Prosecutors alleged that Nunez defrauded Medicare out of $1.5 million for home health care that was not medically necessary or was not even provided.
Fixing Medicare may be beyond your control, but you still have lots of options when it comes to seeing that your health care needs are covered. Did you know there are 10 different kinds of Medigap Insurance? These plans have different benefits, which can be matched to your situation.
The selection of Medicare Advantage Plans has many options, too. You may be wondering why there are so many choices. Medicare Advantage Plans replace the government version of Medicare with policies from private health insurance companies. They’ve come up with lots of ways to do that. Medigap Plans fill in the gaps in traditional Medicare rather than replace it, and these plans are also offered by private insurance companies. If you need help sorting it all out, just give us a call. Confidential consultations are free and can be arranged to fit your schedule.
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.