Part D Changes
No
What is the deductible in Part A 2024?
$1632
Does the premium for part B change each year?
Yes
What year was Medicare Established?
1965
Are there advantage plans that lower the amount a person would pay for their part B premium?
yes
Is the changes to part D in 2025 only affecting UHC or all companies?
All companies
How long do you have to work in the United States for part A to be "free?"
10 years or 40 total quarters
What is the standard Part B premium?
$174.70
What year was Medicare part D established?
2006
Can private insurance companies do whatever they want when creating a Medicare advantage plan and why?
NO, Medicare Regs
What is the Dollar amount differences from 2024 to 2025 to enter catastrophic coverage?
8k down to 2k
How many pints of blood does Part A cover?
3
What is the general cost for services if only on part B?
20% coinsurance
What year did Medicare expand to cover disabled people?
1972
What are the conditions that UHC allows people to enroll into a chronic plan?
Diabetes and Cardiovascular disease
What is the Maximum part D deductible that can be on a plan for 2025?
$590
How many days will part A cover in a skilled nursing facility at no cost?
20 days
What is the part B deductible?
$240
What year did part "c" or "MA Plans" Start?
2003
What are all the different "kinds" of Medicare advantage plans? Not referring to HMO, PPO, HMO-POS
MA only, MAPD, PFFS
What is the coinsurance amount for 2025 while in the initial coverage stage?
25%
What are three of the five main items Medicare Part A covers?
Inpatient hospital care
Skilled nursing
Nursing home
Hospice
Home health Care
What is the reason a person would pay more than the standard amount for part B?
IRMAA
What President signed Medicare into law?
President Lyndon B. Johnson (LBJ)
What are the requirements to be enrolled into a dual plan?
Have correct level of Medicaid
Live in the service area
Have Medicare part A&B
An election period