FAQ’s

Did you know?

That on July 30, 1965 President Lyndon B. Johnson made MEDICARE law by signing H.R 6675, in Independence MO? Did you know that Former President Truman was issued the 1st MEDICARE Card during the ceremony?

Did you know?

That on August 14, 1935 The Social Security Act was signed into law by President Franklin D. Roosevelt, in Woodlawn, MD.

Did you know?

That John David Sweeney, Jr of Westchester County, New York, was issued the 1st Social Security Number: 055-09-0001 in November of 1936.

Did you know?

That as of August 2017, 61.5 million people were receiving Social Security benefits, and more than 42 million of those folks were retired workers? Did you know that 62% of those 42 million retirees, count on their monthly stipend from the (SSA) Social Security Administration for at least “half” of their income?

Did you know?

The significance of “Mid-October” for Social Security Beneficiaries? Every Year in Mid-October, the SSA announces its annual changes to Social Security.

Did you know?

That for 2018, Social Security beneficiaries will receive a 2% cost of-living adjustment (COLA). It works out to about $27 more a month for the average retired worker. The “best” increase we’ve seen in six years.

Did you know?

That for 2018, the Maximum monthly payout rose quite a bit? According to the SSA, the maximum payout at full retirement age (the age at which you become eligible to receive 100% of your monthly payout) --- will increase $101 a month, to $2,788 a month.

LIS: Did you know?

That Social Security has a Low Income Subsidy (LIS) – MEDICARE Extra Help program? It’s also known as (LIS, Extra Help, or the Part D Low Income Subsidy.

Stoneleaf Finance & Insurance Group
  • LIS: (Extra help)

    If you Qualify for “Extra Help”, your Part-D MEDICARE premiums, Deductibles, and Co-Payments can be eliminated or significantly reduced.

  • QMB: Did you know that in some States, depending on your Income, you may Qualify for QMB? (Qualified MEDICARE Beneficiary). If you qualify for the QMB program, you get help paying for: your Part-A and Part-B Premiums, Deductibles, Co-Insurance, and Co-Payments. To Qualify for QMB, you must be eligible for MEDICARE Part-A, and have an Income not exceeding 100% of the federal poverty level (FPL).

  • Did you know that MEDICARE has “Four Parts”?

    Part - A ----- Cover your Hospital Expenses
    Part - B ----- Cover your Doctor or Medical Expenses
    Part - D ----- Gives you a Prescription Drug Discount
    Part - C ----- Gives you Extra Benefits like Dental, Vision, Hearing etc …

  • Did you know that you can receive “Dental Coverage” under MEDICARE Part-C? Depending on your Service Area, some MEDICARE Advantage Plans offer: Up to $1,000 per year Dental Coverage, and some offer $1,500 per year to Duals (Beneficiaries with both MEDICARE & Medicaid).