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Medicare Supplement Plans M & N
Beginning June 1st, 2010 Medicare Supplemental Insurance (Medigap) will include two new choices for consumers – Medicare Supplement Plan M and Medicare Supplement Plan N. At that time Medigap plans...
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Medicare Advantage Changes as Defined by Healthcare Reform Bill.
As a result of the recently passed Healthcare Reform Bill there are a lot of changes coming to Medicare and Medicare Advantage plans. The most common questions to come in to our offices, in the last...
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Aetna to extend dependent coverage up to age 26.
In the spirit of health care reform, Aetna will extend coverage to dependents on existing medical plans’ ahead of schedule. Current dependents under the age of 26 would not have to leave their plans...
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Aetna Medicare enrollment halted over sanctions – Update
The Centers for Medicare & Medicaid Services (CMS) has imposed intermediate sanctions on Aetna suspending the enrollment of and marketing to new members of all Aetna Medicare Advantage and...
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Medicare Prescription Drug (Part D) Rebate
As many individuals are aware Beneficiaries enrolled in a stand-alone Medicare Prescription drug plan (PDP) or Medicare Advantage Plan that includes prescription drug coverage (MAPD) who reach the...
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Cigna Cancels Medicare PFFS plans for 2011
According to Cigna the company will not renew in national Medicare Advantage Private Fee-For-Service (PFFS) contract for the plan year 2011. Cigna does plan to continue, and has filed to renew it...
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Medicare Premiums and Deductibles for 2011
CMS announces Medicare premiums and deductible for 2011. For people who are new to Medicare in 2011, the Part B premium will increase to $115.40/month, a 4.4% increase. Since there was no increase in...
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Medicare Advantage Season Starts Monday, November 15th
The Annual Enrollment Period for 2011 Medicare Advantage plans Starts today. Consumers should be aware of a few important changes coming to Medicare Advantage. First, the lack of an “Open” Enrollment...
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Mutual of Omaha discontinues Medicare Supplement Plan N
Mutual of Omaha recently announced that they will no longer offer Medicare Supplement Plan N as of April 22nd, 2011. They gave no reason for the sudden change only that it was done “after careful...
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President Obama Taxes Seniors Medicare Supplement Insurance Plans
The President’s proposes triple taxation on some Medicare supplement Insurance owners. The Presidents 2013 budget proposes to increase premiums by 15% for higher income beneficiaries. This is beyond...
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Medicare’s Disenrollment Period Ends February 14th
Medicare’s Disenrollment Period for Medicare advantage ends, February 14th, 2013. From January 1st until February 14th each year Medicare Advantage members are permitted to dis-enroll from their...
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Medicare Advantage Rate Increases in 2014 to be ‘Enormously Disruptive’
In an article today that mimics what we have been telling people since 2011 cuts are looming for Medicare Advantage plans. New rates proposed by the Centers for Medicare and Medicaid Services, a.k.a....
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Sequestration hits Doctors and Hospitals in the Wallet
Under sequestration, Medicare payments to providers will be cut by 2% starting April 1st. “This would result in billions of dollars in lost revenues to Medicare doctors, hospitals, and other providers,...
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Medigap Growth at United Healthcare
UnitedHealthcare (UHC) released 1st quarter 2014 financials on April 17th, adding 170,000 Medicare supplement lives in the 1st quarter of 2014. Lives is a net number of new policy holders less policies...
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