As the number of senior citizens increases in the United States, Medicare fraud has become far more prevalent in recent years. By definition, Medicare fraud is the collection of Medicare health care reimbursements under false pretenses. While there are many different types of Medicare fraud, they all have the same goal – collecting money from the Medicare program under false pretenses.
A lot has been written about the changes to Medicare, and proposed changes yet to come, so it's no surprise that so many Arizona seniors are confused about their choices. One of the most common questions in this state is, "How do I choose a Part D plan?" According to a recent article from the Tucson Citizen, "Medicare Part D: So many choices!" (October 16, 2012), a study by Health Affairs revealed that seniors overspend on prescription drug plans by more than $368 per year. The reason for this is that they pay for more coverage than they need. In fact, only 5.2 percent of seniors chose the most economical Medicare Part D plan available for them.
Well before you turn 65 years old, a number of health insurance companies may have started marketing their Medicare supplemental insurance in Arizona, but how do you know which provider to choose. The truth is, there isn’t much of a difference between the various plans; in fact, each of the Medicare supplemental insurance plans offered in Arizona is required to offer the same benefits. If you buy a Plan B supplement from Anthem, it will offer the exact same benefits as what you would buy from Golden Rule.
As baby boomers reach retirement age, the number of people enrolled in the nation’s Medicare program is reaching record numbers. While Medicare will cover some of the health care expenses for eligible seniors, most of Arizona’s older residents will need to enroll in some form of supplemental insurance. With so many different plan choices and enrollment deadlines, eligible citizens are often confused about Medicare Supplemental Insurance in Arizona.
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