Changes To Medicare Advantage in 2018

Medicare Advantage Plans have become very popular over the years, and like other insurance plans, changes occur every year. The most common changes are the list of drugs that are covered, how much your insurance company charges for them, premiums, and the percentage the plan pays towards your medical expenses. Changes can leave customers confused…

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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…

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Plans Rates to Increase in 2018: Silver Costing More than Gold

Plans will be at least 34 percent higher in 2018 due to Trump’s decision to halt cost-sharing subsidy payments to insurers. Because the Trump administration ceased these cost-sharing payments to insures, insurance companies raised premiums to compensate for the loss of these reimbursements. This termination of subsidies has also caused some insurers to drop out…

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Senate GOP Planned on Getting Rid of Healthcare Mandate, With No Success

Republicans have been working to get rid of the individual mandate from the Affordable Care Act. The reason is to not only save the government money, but to “provide more tax relief to middle class families.” However, they have failed repeatedly to get the tax reform bill passed, leaving the mandate applicable, and the penalty…

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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…

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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…

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Obamacare Enrollment Rates Skyrocketing

Republicans have made many attempts to end Obamacare, recently proposing a tax reform bill to end the individual mandate. The mandate gives Americans an incentive to buy healthcare insurance or to pay a penalty. But Obamacare proves to be thriving despite the Trump Administration's efforts. Recently, the Obamacare mandate has proven it works, with the…

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2017 Health Insurance Open Enrollment Has Been Shortened!

Shortened Open Enrollment Period- When Is The Deadline & What This Means For You This year the government has decided to shorten the Open Enrollment Period from three months to only six weeks, lasting from November 1, 2017 to December 15, 2017. If you sign up during this period, coverage does not start immediately, it…

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