Saturday, October 24, 2009

CMS mails "Medicare & You" booklets; but 2010 premiums were not available at press time

The Centers for Medicare & Medicaid Services (CMS) have mailed the 2010 booklets “Medicare & You” to Medicare beneficiaries.

Ironically, not all the 2010 premium information was available when the booklet was printed. The web link for 2010 premiums is here. Contrary to what has been reported in the media, the Part B premiums for many, perhaps most Medicare beneficiaries, do not increase above $96.40 in 2010, but some people will have to pay $110.50. Read the link for details.

Medicare has a “Fighting Fraud” program that in some cases will pay beneficiaries up to $1000 for properly reporting fraud attempts (on p. 97 of the booklet).

The booklet points out some Part B preventive services which are covered 80% (with supplementary insurance often covering the rest). Some of the services are innovative, such as abdominal aortic aneurysm screening, bone mass measurement, colonoscopy, EKG (static, a new benefit), glaucoma, and diabetes

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