Buzz about “Medicare for all” 🐝 AND Help with Neuropathy pain

The Medicare Lady

Celebrating 10 years as a Medicare Specialist, October 2018

Medicare Made Simple, LLC

Theresa Cangemi CSA, CLTC

Office: 315-676-4933

Fax: 866-476-1211

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Greetings!

In this Newsletter, we will talk a little about the recent political buzz "Medicare for All".

In the Health Corner, we get into symptoms and treatments for Neuropathy.

Keep reading!

Theresa Cangemi CSA, CLTC

"The Medicare Lady"

Insurance Corner

“Medicare for All”

This article is about the recent political buzz “Medicare for all.”

In recent news, Bernie Sanders seems to be championing “Medicare for all.” This “Medicare for all” plan might abolish private health insurance and a single government-run insurer would cover everyone.

How disruptive this would be to our current system, to include: private insurance companies, health insurance stock, retirement portfolios (left with less value), jobs, wages, investors, doctors, hospitals, ect.

“In Canada, people buy private insurance for benefits that are not covered by the government program, like prescription drugs and dental care.” “Most other countries with single-payer systems allow a more expansive, competing role for private coverage. In Britain, for example, everyone is covered by a public system, but people can pay extra for insurance that gives them access to private doctors. Most countries in Europe don’t have single-payer systems, but instead allow private insurance companies to compete under extremely tight regulations.”

Think about it! In the United States Original Medicare (Part A and Part B) is already a “single-payor” health plan offered by the government.

A Medicare eligible person can buy additional health insurance from private insurance companies (like a Medicare Advantage plans (Part C) or a Medigap (Supplement) plan for additional benefits (like dental, vision, gym memberships, hearing, and hearing aids).

Medicare Advantage plans and Medigap plans offer protections that Original Medicare doesn’t, like: capping annual out-of-pocket spending and offering more predictable out of pocket costs.

Currently with Original Medicare, Medicare pays 80% for Part A and Part B benefits, and leaves the Medicare eligible person with the other 20% to pay and the (annual) deductibles. Original Medicare also doesn’t have an annual out-of-pocket maximum.

The private insurance companies offer competition to keep health care spending low by controlling costs and also offer more benefits than Original Medicare. In my opinion, if we transition to “Medicare for all”, current (non-Medicare) health insurance should include based coverage (like hospital, doctor, skilled nursing, physical therapy, ambulance, etc.) like Medicare currently does and then have the private insurance companies offer the “buy-up” options for those who need additional coverage and benefits.

Read the full article here

Health Corner

Neuropathy

When meeting with clients we sometimes get into discussions about Neuropathy, which is common with people who have diabetes. Neuropathy (peripheral neuropathy) symptoms are tingling sensation, burning sensation in your feet, legs, and arms. There could be intense stabbing and pain, loss of feeling, and/or numbness.

The attached article talks about people with diabetes are usually deficient in thiamin (which can be found in B1, much like B6 vitamins).

Need help reducing the pain and complications of diabetic neuropathy? Try Benfotiamine, which has been clinically proven to reduce the pain.

Click here for full article

* This article is for information purposes only. I don’t recommend, support, or diagnose any featured writer or article. I am not a doctor.

Contributing Thoughts/ Guest Corner

I am looking for writers or businesses who are interested in writing relevant articles and would like to contribute to this newsletter. The articles will be reviewed for relevancy and content and geared towards the Medicare eligible demographic.

There is a $50 fee to contribute to this newsletter which can be seen by over 1,500 Medicare eligibles, financial service, healthcare, and insurance professionals combined.