Archive for the ‘Medicare Insurance’ Category

DOJ gives preliminary approval to CVS merger with Aetna, potentially changing how consumers access health care

Thursday, October 11th, 2018

The Justice Department has given preliminary approval for CVS’ $69 billion merger with Aetna. The two companies cleared their path to approval when Aetna announced Sept. 27 that it reached an agreement to sell its Medicare Part D drug plan business. The DOJ recently cleared health insurer Cigna’s acquisition of pharmacy benefits manager Express Scripts.The…Read More

LTC Benefits Creep Into 2019 Medicare Advantage Plans

Tuesday, October 9th, 2018

Medicare Advantage plan issuers seem to be taking a quiet, careful approach to adding home- and community-based long-term care (LTC) benefits for 2019. About 1.5 million of the 2019 enrollees, or 7.5% of Medicare Advantage plan enrollees, may have access either to support services in the home or community, or to extra benefits designed to help enrollees cope…Read More

Medicare Part D premiums on two year decline with projected drop in 2019, CMS says

Wednesday, August 1st, 2018

According to the Centers for Medicare & Medicaid Services, the average basic premium for a Medicare Part D prescription drug plan is slated to drop again in 2019. Basic Part D premiums are forecasted to fall from $33.59 this year to $32.50 next year, the agency said. “President Trump and Secretary Azar have made clear…Read More

Skimping can’t save seniors from rising med cost

Tuesday, June 5th, 2018

WASHINGTON (AP) — Medicare recipients filled fewer prescriptions for pricey brand-name drugs — but spent more on such meds anyway, says a government report released Monday. It blames rising manufacturer prices for squeezing older people and taxpayers. The Health and Human Services inspector general’s office says it found a 17 percent drop in the overall…Read More

Medicare Announces New ID Card Mailing Schedule

Friday, May 4th, 2018

The Centers for Medicare and Medicare Services (CMS) announced the seven-stage rollout schedule for the replacement card, which has been redesigned to prevent fraud. The card is still red, white and blue, but it no longer includes a Social Security number, gender, signature or other personal information that could compromise a Medicare beneficiary’s identity. The…Read More

Medicare Supplement Plan F is Going Away!

Wednesday, May 2nd, 2018

The Medicare Access and CHIP Reauthorization Act of 2015 (MACRA) passed by Congress and signed into law on April 16, 2015 changed the law on various aspects of health care, including some Medicare Supplement plans. The new law states that on or after January 1, 2020, a Medicare Supplement policy that provides coverage of the…Read More

Medicare Part D Premium Penalty

Thursday, August 30th, 2012

65세 이상이 되신 고객들 중 건강한 분들중에 간혹 본인이 건강하시다는 이유로 복용약 보험이 필요 없을 것이라는 오해를 하시고 Medicare Part D(복용약 보험) 의 가입을 기피하신 분들을 봅니다. 그러나 이런 분들이라 하시더라도 제 때에 복용약 보험을 가입하시지 않으면 Medicare Part D 보험료 벌금을 나중에 가입하실때에 물게 되십니다. 따라서 모든 65세 이상이 되시는 분들은 제때에 Medicare Plan 중…Read More

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