In case you haven’t already, Medicare Excess Charges is a term you want to get familiar with a.s.a.p.
Among the components of Part B Medicare are the excess charges. These are applied whenever a senior who’s protected with Part B Medicare decided to visit a doctor or receives treatment from a facility or hospital which doesn’t allow Medicare patients. If the facility you’re visiting does not accept patients with Medicare & the approved sum for your Medicare service is less than the one they charge from their patients, then the hospital or physician can claim Medicare excess charges. Meaning, you might be asked to pay the difference.
Quite a few doctors accept patients with Medicare so there are very few seniors who might need to pay the excess amount. Nevertheless, we want to mention that it might happen.
After understanding what Medicare Excess Charges are, it is important to make yourself aware of the various ways that can help you save hundreds or at times even thousands of dollars on these charges.
Even in case you are yet to encounter these fees yourself, it’s wise to stay on top of such matters since these things continue to change from time to time.
How to Protect Yourself from Medicare Excess Charges? Enroll here : https://www.medisupps.com/
- Pick a hospital or physician who only bills rate suggested by Medicare.
- Consider Medicare Supplement Plans which can help you pay for excess charges associated with Part B. Both Plans G and Plan F Supplemental Plans can help you cover these excess charges.
- Get yourself aware of the Medicare Advantage policy. Part C plan under Medicare can be a good substitute to your basic Medicare since it features the same coverage under original Medicare along with a few additional benefits.
Medicare Part C plans provide PPO & HMO plans.
*Certain laws may prevent doctors from charging the amount they desire for the treatment and other check-ups.
If your chosen doctor does not accept patients with Medicare, they won’t be able to charge over 15 percent of the amount suggested. Thus, it prevents the doctors or medical facilities from overcharging their patients with services which would normally cost a lot less.
States prohibiting excess Medicare charges: