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No Time Extension For Filing Medicare Claims
Reader asks about extensions for Medicare claim filing. Advisor says no extension exists but explains 1967 amendments change payment: after the first 50 dollars of a doctor bill, Medicare covers 80 percent of remaining reasonable charges and the recipient pays the first 50 plus 20 percent of the rest. If doctor won’t accept direct Medicare payment, unpaid itemized bills can be submitted and Medicare pays 80 percent to the recipient, who then pays the doctor. Applies to bills July 1 1966 onward. Also notes Social Security benefit increases by about 13 percent. multiply benefit by 1.13 for an approximate new amount, with first increased check in March for February benefits.
MENTIONED IN THIS ARTICLE
Medicare
W. Defoe
Federal Building