Fair Square Medicare Wordmark

Welcome to Fair Square's First Newsletter

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By Daniel Petkevich

Feb 28, 2023

The world of Medicare is changing. Here are a few things to know:

Speak with a Medicare Advocate

Talk to one of our Licensed Medicare Agents today to find the right plans for you.


1. Medicare premiums have gone down for 2023.

Read more about how

Part A

and

Part B

changes will affect your wallet. For more information about how Medicare has changed in the new year, we've done a

deep dive here.

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Can you save money in 2023?

‎Need additional coverage to go with Parts A & B? Call our team of Licensed Advisors to explore which plans are a fit:

Speak with One of Our Licensed Advisors: (888) 302-4257


2. Your Medicare expenses are tax deductible.

With tax season right around the corner, you might want to check out

our article about how you can deduct Medicare expenses

, including premiums, co-pays, and more, from your taxes before you file.


3. The

shingles

vaccine is now free on Medicare Part D.

Before the Inflation Reduction Act, you could have spent hundreds of dollars on Shingrix even with a Part D prescription drug plan. But starting in 2023, 100% of your costs of all adult vaccines, including shingles, are covered by Medicare.


4. There's a push for prior authorization reform.

Prior authorization is when doctors need approval from insurers to give treatment. According to

Axios

, 2 million prior authorization requests were denied in 2021. Of the 11% that were appealed, 82% of these decisions were reversed. This has led the CMS and the AMA to

push policymakers to act

this year and move prior authorization forms to a standardized electronic form for many insurers, which might lead to fewer denials of coverage for those with Medicare Advantage plans. The proposal would also require certain insurers to get back prior authorization requests quicker and add transparency to the process. These reforms would take effect in 2026.


5. Medicare Supplement Plan G is still the best coverage out there.‎

94% of our clients stay with us year-over-year, and many of them love their Medicare Supplement Plan G. We dig deeper into why you should keep your Plan G

here

.

Call Us to Find the Cheapest Plan G: (888) 302-4257

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Stay on the Plan G Ship!


If you found this newsletter helpful, or if you know someone who could use the advice of an industry-leading Medicare agency,

subscribe

and share it with a friend! We're so glad that you are part of the Fair Square family.

‎Should you have any questions about Medicare, our licensed advisors are able to take your call. Simply click the button below, or dial (888) 302-4257.

Call Us: (888) 302-4257

Speak with a Medicare Advocate

Talk to one of our Licensed Medicare Agents today to find the right plans for you.

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