Category Archives: Market Update

November 10, 2020


2021 Medicare Part B Premiums Announced

On November 6, 2020, the Centers for Medicare & Medicaid Services (CMS) released the 2021 premiums, deductibles, and coinsurance amounts for the Medicare Part A and Part B programs…. The standard monthly premium for Medicare Part B enrollees will be $148.50 in 2021.…

April 15, 2019


Is Plan F going away?

There has been a lot of confusion regarding the elimination of Medicare Supplement Plan F, so we are here to help clear some things up! What changes are taking place? The Medicare Access and CHIP Reauthorization…

October 12, 2018


2019 Medicare Premiums & Deductibles Announced!!

"On October 12, 2018, the Centers for Medicare & Medicaid Services (CMS) released the 2019 premiums, deductibles, and coinsurance amounts for the Medicare Part A and Part B programs." The standard annual deductible for…

October 8, 2018


What is Observation Care?

Scenario: You were required to stay in the hospital OVERNIGHT, but haven't actually been "admitted" and Medicare isn't covering the costs. WHY?   You have most likely been placed in the gray area known as OBSERVATION CARE.  Observation…

June 6, 2018


New Benefits Available!

New Benefits  Available Thank you for continually allowing SBS to help with your Medicare coverage. Two things we've found that our clients are looking for: Save money on prescription drugs Avoid the nursing home We…

March 23, 2018


Medicare “Donut Hole” Closing in 2019

What is the Donut Hole? Definition: "Most plans with Medicare prescription drug coverage (Part D) have a coverage gap (called a "donut hole"). This means that after you and your drug plan have spent a certain amount of money…

February 23, 2018


Coming Soon: New Medicare Cards!

    CMS or Centers for Medicare & Medicaid Services will be sending out new, more secure Medicare cards starting in April, 2018. This process will take some time, so you may not receive your…

December 6, 2017


Medicare Part B Update

  The Centers for Medicare and Medicaid Services, also known as CMS, have announced the Medicare Part B Premium and the Annual Deductible for 2018. Medicare Part B covers two types of services, Medically Necessary…

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