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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:

Stay Up to Date on Medicare!

Join the Fair Square Medicare Newsletter to stay informed on cost savings, changes to Medicare, and other valuable healthcare information.

1. Medicare premiums have gone down for 2023.

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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:

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

.
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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.

Stay Up to Date on Medicare!

Join the Fair Square Medicare Newsletter to stay informed on cost savings, changes to Medicare, and other valuable healthcare information.

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Virgil Insurance Agency, LLC (DBA Fair Square Medicare) and www.fairsquaremedicare.com are privately owned and operated by Help Button Inc. Medicare supplement insurance plans are not connected with or endorsed by the U.S. government or the federal Medicare program. This is a solicitation of insurance. A licensed agent/producer may contact you. Medicare Supplement insurance is available to those age 65 and older enrolled in Medicare Parts A and B and, in some states, to those under age 65 eligible for Medicare due to disability or End-Stage Renal disease. Virgil Insurance Agency is a licensed and certified representative of Medicare Advantage HMO, HMO SNP, PPO, PPO SNP and PFFS organizations and stand-alone PDP prescription drug plans. Each of the organizations we represent has a Medicare contract. Enrollment in any plan depends on contract renewal. The plans we represent do not discriminate on the basis of race, color, national origin, age, disability, or sex. Plan availability varies by region and state. For a complete list of available plans please contact 1-800-MEDICARE (TTY users should call 1-877-486-2048), 24 hours a day/7 days a week or consult www.medicare.gov. © 2022 Help Button Inc

We do not offer every plan available in your area. Any information we provide is limited to those plans we do offer in your area. Please contact Medicare.gov or 1-800-MEDICARE to get information on all of your options.

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