FOR IMMEDIATE RELEASE…
62% of Veterans Do Not Know They Could Face Medicare Late Enrollment Penalties
Revealing Survey from Medicare Resource 65 Incorporated Unveils Veteran Confusion Over Medicare, VA Benefits
MILWAUKEE – According to survey results released today, a majority of 65-plus American military veterans are in the dark on facts they need to know about the limits of their Veterans Affairs (VA) health benefits and Medicare coverage. This lack of knowledge may be costing them thousands of dollars and compromising their health care.
Today’s alarming findings reveal that:
62 percent of veteran survey respondents did not know that they face late enroll 65 ment penalties should they delay Medicare enrollment;
65 percent did not know that there is no guarantee Congress will appropriate sufficient funds for the VA to provide care for all enrollment priority groups;
63 percent of veterans surveyed were unaware they cannot use Medicare benefits (including Medicare supplement/Medigap, Medicare Advantage and Original Medicare benefits) to cover the costs of VA-provided medical services, or use VA benefits to cover Medicare services.
Incorporated, a multifaceted online Medicare information source (www.65incorporated.com) created to support families and individuals 65 and over, revealed the results of its brow-raising veteran survey today.
“Our findings indicate that veterans are simply not receiving the crucial information they need to make truly informed healthcare decisions,” said Diane Omdahl, RN, MS, co-founder of 65 Incorporated and the celebrated author of one of the most definitive guides to the Medicare process, the Beacon Guide to Medicare Service Delivery. “It’s a real validation for why we’re building 65 Incorporated into a pioneering resource for all Americans, especially our military veterans who have guaranteed the freedoms we hold so dear to our hearts.”
About 65 Incorporated
65 Incorporated is a Medicare information resource that shares insight, tips and strategies through web PC, Mac interfaces, mobile devices and e-readers. Among its benefits to users, 65 Incorporated helps seniors save time, money and frustration as they interpret the results of the Medicare Plan Finder tool. 65 Incorporated also provides support when choosing the proper Medicare Advantage prescription drug plan, offering a complete educational program that could eliminate thousands of dollars in future out-of-pocket payments.
Offering clear, correct, complete and credible, 65 Incorporated distinguishes itself from all other Medicare resources. The company offers sponsorship opportunities for companies seeking to target the growing base of Medicare-eligible Baby Boomers and their families. To learn more about 65 Incorporated visit 65Incorporated.com.