Fall Open Enrollment occurs from October 15 to December 7 of every year. During the Medicare enrollment period you will be able to evaluate both your current medical plan and your prescription drug plan. At this time, you can decide if your current plan still suits your needs. If it does not, then you can make a change. Don’t miss out on this opportunity to evaluate your current plans and your current needs.
Medicare Part B Outpatient Therapy –Know Your Limits
Many of my clients receive outpatient therapy; perhaps for a hip replacement, stroke, or some other treatment. While Medicare does offer coverage for this kind of treatment, there are limitations that you need to be aware of.
Medicare places caps on these services when you receive them from outpatient providers. Remember, Medicare also requires these treatments to be medically necessary. Copayment and payments made to providers can be applied toward the cap. Here are the caps:
- Physical Therapy and Speech Therapy-$1,880
- Occupational Therapy - $1,880
Individual Health Insurance Enrollment Period
If your employer doesn't provide health insurance; you'll need to buy your own individual health plan. Contact us if you plan to buy a plan during the annual open enrollment period (Nov. 15, 2014 through Feb. 15, 2015).
Service is an integral part of Oakwood Insurance Agency’s standard operating procedures. Satisfied clients are our primary goal. We strive for a timely resolution to issues that affect our customers. We do our best to return all calls within one business day.