Surgent's What Tax Practitioners Need to Know About MedicareSU1247 24

 

Surgent's What Tax Practitioners Need to Know About Medicare

October 15th, 2024 - October 15th, 2024 @ 1:00 PM-3:00 PM

Member Price $99
Non-Member Price $129
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Credits

2

Description

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.

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

Major Subjects

  • 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