In Original Medicare, the highest amount of money you can be charged for a covered service by doctors and other healthcare suppliers who don’t accept Medicare assignment is called a limiting charge. The limiting charge, commonly known as excess charges, is 15% over Medicare’s approved amount. The limiting charge only applies to certain Medicare Part A and Part B services and doesn’t apply to supplies or equipment.
Most people should sign up for Medicare three months prior to their 65th birthday. You can delay enrolling if you have employer coverage. In this…
Navigating the intricacies of Medicare can be challenging, particularly when encountering unexpected expenses like Part B excess charges. These charges can surprise you if you’re…
In our second article in the Medicare Mistakes Series, we discussed why it is a mistake not to enroll in Medicare at age 65. In…
The biggest drawback of Medicare Advantage Plans is the potential for high out-of-pocket costs. This article will explore 11 reasons why Medicare Advantage Plans are…
If you are getting your Medicare benefits for the first time, the jargon may sound foreign, but you don’t need Medicare for Dummies to figure it out. You’ll…
