The GOP tax bill that the Republicans have been working on, can lead to major cuts in Medicare funding and spending in 2018. The bill is estimated to cut $25 billion from Medicare starting 2018, and resulting in $400 billion over the next ten years. The Congressional Office has estimated a $1.5 trillion deficit to…
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Medicare Wellness Programs Improving Senior Health
The Center for Medicare and Medicaid Innovation (CMMI) reported that Medicare Wellness Programs have the ability to improve physical and mental health in seniors. The six programs have been found to help reduce obesity, prevent falls, and most importantly help those with chronic conditions. These medicare programs are offered as a way to keep seniors…
Insurance Companies Are Suing Trump!
When the Trump Administration announced a rule to stop cost-sharing subsidies to insurance companies, there were threats of lawsuits. The threats have now become a reality, with an insurance co-op recently filing a lawsuit against the federal government. Cost-sharing reduction payments were set up under Obamacare to ensure that customers would be able to receive…
U.S. Government Proposes 1.84% Increase in 2018 Payments to Medicare Insurers
The US government and the Centers for Medicare and Medicaid Services, CMS, have proposed an increase in Medicare Advantage payment rates. The increase will be an average of 1.84 percent. This increase is up from the 0.45% that plans got last year from the government. Health insurers will receive these payments to help benefit the…
Five Ways To Get Better Health Plans At Lower Costs
Health insurance premiums and deductibles can become costly, and continuously go u p every year depending on the plan. There are ways to help ease the burden of a high premium/deductible plan that is cost-effective while receiving the medical services you need. Compare Plans More than 90% of people end up not looking into their…
NEW Medicare Diabetes Prevention Program Now Available
A Medicare Diabetes Prevention Program (MDPP) was announced by the CDC to begin in 2018. The model will be added as a covered benefit for Medicare enrollees who meet the criteria. The program started April 1, 2018. [caption id="attachment_1019" align="alignleft" width="300"] New Medicare Programs For Diabetes Can Result In You Saving Big![/caption] Diabetes affects more…
Medicare Prices Steadily On The Rise
Details have emerged after a report was released on the investigation into Medicare drug prices. The report "Manufactured Crisis: How devastating drug price increases are harming America's seniors,” and its findings were released by U.S. Sen. Claire McCaskill, Democrat-Missouri. This report talks about the hiked up drug prices for senior citizens and how it needs…
$25 Billion Medicare Cuts Possible Due To Republican Tax Bill
The GOP tax bill that the Republicans have been working on, can lead to major cuts in Medicare funding and spending in 2018. The bill is estimated to cut $25 billion from Medicare starting 2018, and resulting in $400 billion over the next ten years. The Congressional Office has estimated a $1.5 trillion deficit to…
Uber Launching ‘Uber Health’
Uber has announced a new business line called Uber Health that will provide a ride-hailing platform for healthcare providers. Uber is offering to take patients to their medical appointments, as long as they are operating in the area. The health care providers that will use this business will be the ones billed for the services,…
There Is NO Open Enrollment For Medicare Supplement Plans
Medicare Supplement Insurance Does Not Have a Deadline Many senior citizens think that the Medicare Open Enrollment period is the only time they can purchase a Medicare Supplement plan. But, there is no deadline to purchase Medicare Supplemental Insurance. During the Medicare Open Enrollment Period, everyone is busy picking a plan that is best for…
Medicare Part B Rates Fluctuating In 2018
The fourth quarter is when senior citizens learn about their social security benefits and Medicare. They find out if they will receive higher social security, and how much, also how much monthly premiums will be for Medicare. Most people with Medicare will face higher premiums in 2018. Medicare Part B insurance covers outpatient care, preventative…
CVS & Aetna Merging In 2018
Before 2018, one of the largest pharmaceutical and drugstore chains, CVS, and one of the oldest insurance companies, Aetna, hope to finalize a $70 billion merge. To gain control of costs and provide better quality, health insurance companies are narrowing their network of doctors, hospitals, and pharmacies. Due to this, CVS has taken a hit…
Medicare Enrollment Extended For States Impacted By Hurricanes
The Centers for Medicare and Medicaid (CMS) announced an extension of Medicare Open Enrollment for Americans affected by hurricanes Harvey, Irma, and Maria. This special enrollment period will be extended for all Medicare beneficiaries to December 31st. The extension will give the families and individuals who were affected by the hurricanes the ability to enroll…