Medicare

National Council on Aging / National Council on Aging

Older adults may not have complete information about their health insurance.  They may not know where -- or how -- to find correct answers. 

The Senior Health Insurance Information Program  (SHIIP),  a division within the Louisiana Department of Insurance, addresses questions and clarifications relating to Medicare, Medicaid, and long-term care insurance.

Vicky Dufrene, Insurance Manager at the Louisiana Department of Insurance, discussed some of the most common myths and misconceptions relating to senior health insurance.

house.louisiana.gov

There will be an effort in the upcoming legislative session to raise the age from 18 to 21-years-old to legally purchase or possess tobacco and vaping products. West Monroe Representative Frank Hoffman says six states and over 400 cities have raised the tobacco age to 21 and the goal is to produce better health outcomes. "We hope they don't start at 21, but it's better to start at 21 than it is to start at 18, while they're still growing," Hoffman states. 

Hoffman’s proposed legislation will be House Bill 38 in the legislative session that begins next month.

Louisiana's health department may have spent as much as $85 million over 20 months for people enrolled in the Medicaid expansion program who didn't qualify for the government-financed coverage, according to an audit released Tuesday. Legislative Auditor Daryl Purpera's office found problems with the agency's infrequent use of wage data from the state labor department to determine eligibility.

ULM

The University of Louisiana at Monroe College of Pharmacy will host an event for helping seniors with Medicare enrollment questions on Wednesday, November 7, 2018 from 1 to 5 p.m.  

Medicare Part D is the prescription drug benefit for people on Medicare

The annual enrollment period for Medicare prescription drug plans is October 15 through December 7 every year. Although a person’s medications may not change, the plans change every year.

NEW ORLEANS (AP) — Six people have been sentenced to prison for their role in a Medicare fraud scheme in the New Orleans area.

Nola.com/The Times-Picayune reported four doctors, a biller and an office manager were sentenced this week for their convictions in May.

The U.S. Attorney's Office said the scheme involved more than 20 people and netted millions of dollars in fraudulent Medicare reimbursements.

Those sentenced have been ordered to pay $30 million in restitution.

Jamie / Flickr.com https://tinyurl.com/yakqnb3e

If you are someone old enough to be thinking about retirement budgeting, think realistically…and don’t forget your meds.

 

I find many pre-retirees assume that their post-retirement medical expenses will go down, since they no longer have to pay for health insurance.

Medicare to the rescue, right?

Well, if that’s you, hold your horses, Roy Rogers. You need to check your assumptions.