Surgent's What Tax Practitioners Need to Know About Medicare

Overview

Tax advisors often receive questions concerning all facets of Medicare. How does Medicare work? How do I apply? How much does it cost? Is Medicare optional or required? This program provides a basic introduction to the Medicare program and covers many of the areas of the Medicare program that clients are most interested in. If you, or some of your clients, have questions relating to Medicare, this program is a must for you.

Highlights

Eligibility for Medicare
How to apply for Medicare
Introduction to Parts A, B, C, and D of Medicare
Payments for Parts B and D of Medicare: the higher costs imposed on higher income beneficiaries
Late enrollment penalties
Medicare Advantage in lieu of original Medicare
The Affordable Care Act’s impact on Medicare
Legislative and regulatory developments

Prerequisites

An understanding of the tax rules relating to individual income tax

Designed For

Tax practitioners who currently advise or who anticipate advising clients with respect to Medicare enrollment and/or Medicare coverage issues

Objectives

Understand who is eligible for Medicare
Determine whether an individual will have to pay a surtax for Medicare Part B and Part D coverage
Ascertain whether private or spousal insurance options are preferable to Medicare