Can Dental Benefits Become a Competitive Advantage?

Posted by www.psmbrokerage.com Admin on Tue, Oct 15, 2019 @ 03:52 PM

Source: https://blog.deftresearch.com/can-dental-benefits-become-a-competitive-advantage

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92% of Humana’s Medicare Advantage Members are in 4-Star and Above

Posted by www.psmbrokerage.com Admin on Tue, Oct 15, 2019 @ 03:38 PM

92% of Humana’s Medicare Advantage Members are in
4-Star and Above Contracts for 2020, Reflecting an Enterprise-Wide Focus on Improved Health Outcomes and the Member Experience

Humana received a 5 out of 5-star rating for its CarePlus Health Plans, Inc. Medicare Advantage HMO contract in Florida for 2020, covering approximately 138,600 members
3.7 million, or approximately 92%, of Humana Medicare Advantage members are currently enrolled under contracts with 4-stars and above for 2020
Humana received a 4.5-star rating for six Medicare Advantage contracts offered in 19 states, covering approximately 1.2 million members
18 Humana Medicare Advantage contracts received a 4-star rating or above
Over 99% of retirees in Humana’s Group Medicare Advantage plans remain in 4-star and above contracts for 2020

LOUISVILLE, Ky.--(BUSINESS WIRE)--Oct. 11, 2019-- Humana Inc. (NYSE: HUM), one of the nation’s leading health and well-being companies, announced today the Medicare Star Ratings for its Medicare Advantage (MA) plans, effective January 1, 2020, from the Centers for Medicare and Medicaid Services (CMS).

Humana currently serves more than 8.4 million Medicare members in all 50 states, Washington D.C. and Puerto Rico; 4 million of which are Medicare Advantage members and 4.4 million are stand-alone Prescription Drug Plan (PDP) members. CMS posts Star Ratings at www.medicare.gov.

Humana received a 5-star rating on CMS’s 5-star rating system for its CarePlus Health Plans, Inc. MA plan in Florida. In addition, Humana received a 4.5-star rating for six MA contracts offered in 19 states, up from two such contracts in 2019. Humana has 18 contracts rated 4-stars or above and 3.7 million members in 4-star or above rated contracts to be offered in 2020, representing 92% of its existing MA membership as of August 2019. Over 99% of retirees in Humana’s Group Medicare Advantage plans remain in 4-star or above contracts for 2020. This continued improvement in Humana’s Star Ratings demonstrates the company’s ongoing commitment to quality care for its members.

“Our entire organization is rallied around efforts to continuously raise the bar on quality so that we can help the millions of members we serve achieve their best health,” said Alan Wheatley, President, Retail Segment at Humana “We are pleased that this relentless, enterprise-wide focus on driving quality and improved health outcomes was evidenced through strong Star Ratings.”

The Medicare 5-star rating system rates the excellence of Medicare plans nationally. A plan may receive a rating between one and five stars, with five stars representing the highest rating. Star Ratings are calculated each year and may change from one year to the next.

CMS uses information from member-satisfaction surveys, health plans, and health care providers to assign overall Star Ratings to plans. The rating system uses more than 40 different quality measures in nine categories, including:

Staying Healthy: Screenings, Tests and Vaccines
Managing Chronic (Long Term) Conditions
Member Experience with Health Plan
Member Complaints and Changes in the Health Plan’s Performance
Health Plan Customer Service
Drug Plan Customer Service
Member Complaints and Changes in the Drug Plan’s Performance
Member Experience with Drug Plan
Drug Safety and Accuracy of Drug Pricing

Source: https://humana.gcs-web.com/news-releases/news-release-details/92-humanas-medicare-advantage-members-are-4-star-and-above

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Tags: Humana, Medicare Advantage

Part D Out-of-Pocket Costs to Spike in 2020

Posted by www.psmbrokerage.com Admin on Tue, Oct 15, 2019 @ 11:48 AM

Part D Out-of-Pocket Costs to Spike in 2020

Part D Out-of-Pocket Costs to Spike in 2020-1

Part D catastrophic threshold to spike in 2020, hiking out-of-pocket costs: KFF report

Kaiser Family Foundation (KFF) researchers examined how policy changes could impact the Part D market for the 2020 plan year and found that the catastrophic threshold is set to increase substantially, leading to higher out-of-pocket costs for certain beneficiaries.

The catastrophic threshold for 2020 will rise from $5,100 in 2019 to $6,350, KFF found. That’s an increase of $1,250, or 25%.

Beneficiaries who take only brand-name drugs will pay for a quarter of that increase out of their pockets, while the rest will be covered by drugmaker discounts. Beneficiaries who take only generic drugs will pay the entire increase out of pocket, according to the report.

The report projects that out-of-pocket costs for beneficiaries who take only brand-name drugs will increase from $2,275 in 2019 to $2,652 in 2020, or close to $400. The researchers said that the large increase is due to the expiration of a provision within the Affordable Care Act that slowed the growth of the catastrophic threshold.

“In the absence of a change in law, Medicare Part D enrollees can expect to face an increase in their out-of-pocket drug costs in 2020,” the researchers wrote.

Based on 2017 claims data—the most recent available—the report says 4.9 million Part D beneficiaries who do not receive low-income subsidies reached the coverage gap, and 1 million reached the catastrophic coverage threshold.

Had the threshold increased in 2017, fewer than 1 million people would have qualified for catastrophic coverage, meaning more people would be paying out of pocket in the coverage gap.

The findings are notable in part, the researchers said, because some legislators are actively seeking ways to cap beneficiaries’ out-of-pocket costs. The drug pricing plan backed by House Speaker Nancy Pelosi would do so, alongside shifting some of the liability for costs for beneficiaries who do reach the catastrophic threshold.

“Proposed changes to the Part D benefit design would help to mitigate out-of-pocket drug cost increases for Medicare beneficiaries, particularly for those with high drug costs who currently face no limit in their annual out-of-pocket expenses—with Part D plan sponsors and drug manufacturers potentially picking up much of the additional costs,” the researchers wrote.

Source: https://www.fiercehealthcare.com/payer/part-d-catastrophic-threshold-set-to-spike-2020-increasing-out-pocket-costs-kff-report

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Tags: Medicare Part D

Medicare Advantage, Part D members shifting to higher-rated plans

Posted by www.psmbrokerage.com Admin on Tue, Oct 15, 2019 @ 11:07 AM

Medicare Advantage, Part D members shifting to higher-rated plans

Medicare Advantage, Part D members shifting to higher-rated plans

CMS unveiled star ratings for both Medicare Part D prescription plans and Medicare Advantage plans that show even more of the plans achieving higher star ratings.

The number of Medicare Part D prescription drug plan members who will be in plans with four stars or more in 2020 rose to 27.6%, up from just 3.5% last year, according to data released by the CMS on Friday. The percentage of four-star or greater Medicare Advantage Part C plans with prescription drug coverage grew to a whopping 81.1% of members in 2020, up from 75.3% in 2019.

The topic of lopsided star ratings toward the high end of the scale has been a sticking point with the Medicare Payment Advisory Commission, which believes $6 billion a year could be saved by revamping the way stars are awarded in the Medicare Advantage program.

Medicare prescription drug plans 2020 star ratings

The percentage of Medicare Part D prescription drug plan members in plans with four stars or more in 2020 rose sharply from the year before.

The average star rating of Part D plans, which are managed by pharmacy benefit management companies and health insurers, has bobbed up and down for years but has always hovered below four stars. The average star rating across the 54 Part D contracts in 2020 was 3.5, up from last year's average rating of 3.34.

Enrollment in Part D prescription drug plans with fewer than three stars dropped to 0.8%, compared to 6.2% last year. Just 5.6% of Part D plans received below three stars, whereas 9.6% did in 2018.

Meanwhile, more than 200 Medicare Advantage plans offering prescription drug coverage, representing 52.4% of these plans for 2020, received at least four stars. Last year, 172, or 45.7% of plans, were part of that category. The average star rating for Medicare Advantage plans with prescription drug coverage was 4.16 for 2020, up from last year's 4.06. Medicare Advantage plans with fewer than three stars dropped to 15%, compared with 21.3% in 2019.

Higher rated plans get larger share of enrollees

More people were enrolled in Medicare Advantage plans with prescription drug coverage that had 4.5- or 5-star ratings.

The CMS star rating system for Medicare's private insurance coverage is meant to hold insurers accountable for the care provided to their members.

Health plans have a financial incentive to provide better quality care for their members, because those that garner four or more stars receive a 5% boost to their monthly per-member payments from Medicare.

Twenty-three individual plans scored five stars for 2020. Twenty of those were Medicare Advantage plans offering prescription drug coverage, including nine new contracts that had not earned the high performing indicator last year. Two of the plans were stand-alone prescription drug plans and one was a Medicare Advantage-only plan.

CVS Health, Humana, UnitedHealth Group and Kaiser Foundation Health Plan were among companies offering five-star plans.

Five individual plans covering more than 73,000 people received a warning from the CMS for consistently low quality ratings. Those plans—owned by QHP Financial Group, Delaware Life Insurance Co., Centers Plan for Healthy Living, Universal Health Services and Magellan Health—have earned ratings of 2.5 stars or fewer for a Medicare Advantage or Part D contract since at least 2018.

CMS Administrator Seema Verma said in a statement that the star ratings in the Medicare Advantage and Part D programs indicate that "seniors will have access to more high-quality plans," and pointed to projections the agency released last month suggesting that in 2020 Medicare Advantage average monthly premiums will hit their lowest point in 13 years.

Source: https://www.modernhealthcare.com/medicare/medicare-advantage-part-d-members-shifting-higher-rated-plans

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Tags: Medicare Advantage, Medicare Part D, star ratings

How To Deal With Difficult Customers

Posted by www.psmbrokerage.com Admin on Mon, Oct 14, 2019 @ 01:23 PM

How to Deal with Difficult Customers

Bill Gates once said, “Your most unhappy customers are your greatest source of learning.”

dealing with difficult customers Although you can learn a lot from an unhappy customer, a big part of running a successful business is keeping long term, happy customers.

When your customers are happy your business will grow. When they are not, you may start to have problems.

There are many different types of difficult customers you may encounter. Some may just require more information. Some may just be rude and disrespectful.

Whatever the situation, it’s important to know how too deal with anything that arises.

Below, is an Infographic from Fundera that lays out nicely how to respond to a number of different types of difficult customers.

Always try to learn from each of your experiences. If a customer responds to your efforts positively, learn from that experience so you can do it again.

If a customer just wouldn’t come around, remember that too. If you can identify that type of customer sooner, you can save yourself time and frustration in the future.

Just remember, if you are not able to connect with the customer and turn things around quickly, you are likely eating into your bottom. Don't wait too long before cutting your losses.

difficult-customers

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Tags: Sales Strategies

Medicare Advantage Enrollment Grows 8% Year-Over-Year

Posted by www.psmbrokerage.com Admin on Fri, Oct 11, 2019 @ 01:03 PM

Medicare Advantage Enrollment Grows
8% Year-Over-Year

Gains Concentrated Among Major Players

Medicare Advantage enrollment grew 8.0% from September 2018 to September 2019, according to AIS’s Directory of Health Plans (see a complete month-by-month timeline below), continuing a trend of greater MA gains as more baby boomers, seeking more personalized benefits, age into Medicare. In advance of the Annual Election Period (AEP) starting on Oct. 15, CMS on Sept. 24 said it expects MA enrollment to reach new highs in 2020, growing about 10% to 24.4 million lives.

Growth this past year was concentrated among the largest payers in the MA space, with the top five experiencing enrollment gains of about 16% on average year over year (see breakdown below). The big winner was Aetna Inc., which took on its largest-ever MA expansion in 2019, adding its offerings to more than 350 new counties.

While still on top, market leader UnitedHealthcare’s post-AEP gains were smaller than the 400,000 to 450,000 members (excluding dual eligible Special Needs Plans) the company anticipated, instead adding only about 290,000 lives.

NOTE: All enrollment totals include dual eligible Special Needs Plans (D-SNPs) except where noted. AIS defines post-AEP enrollment as total MA membership as of February 2019.

Source: https://aishealth.com/medicare-and-medicaid/medicare-advantage-enrollment-grows-8-year-over-year-with-gains-concentrated-among-major-players/

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Tags: Medicare Advantage, UnitedHealthcare, aetna

CMS Releases Star Ratings for 2020 Medicare Advantage and Part D Drug Plans Ahead of Medicare Open Enrollment

Posted by www.psmbrokerage.com Admin on Fri, Oct 11, 2019 @ 12:49 PM

Star Ratings:
Medicare Plan Choices in 2020

Administration Drives Access to More High-Quality Medicare Plan Choices in 2020

Consistent with the direction of President Trump’s recent Executive Order on Strengthening and Improving Medicare for Our Nation’s Seniors, the Centers for Medicare & Medicaid Services (CMS) announced today that seniors will have access to more high-quality Medicare Advantage and Part D prescription drug plans in 2020. Most people with Medicare will have access to Medicare Advantage and Part D plans with four or more stars in 2020, and approximately 81 percent of Medicare Advantage enrollees with prescription drug coverage will be in plans with four and five stars in 2020, an increase from 69 percent in 2017.

Medicare Advantage remains a popular choice among beneficiaries and has high satisfaction rates. Due to recent actions CMS has made to protect and strengthen Medicare Advantage, Medicare Advantage plans are better able to compete on the basis of cost and quality. As a result, beneficiaries are benefiting from more plan choices, lower costs and increased quality. As announced last month, on average, Medicare Advantage premiums are expected to decline by 23 percent from 2018, and will be the lowest in the last thirteen years for the more than 24 million people with Medicare who are projected to enroll in Medicare Advantage for 2020. Beneficiaries will have more plan choices, with about 1,200 more Medicare Advantage plans operating in 2020 than in 2018.

“President Trump continues to be the great protector of the Medicare program for our nation’s seniors,” said CMS Administrator Seema Verma. “Thanks to the President’s leadership and commitment, the improvements that CMS has made to the Medicare Advantage and Part D programs means that seniors will have access to more high-quality plans. Proposals for more government in our healthcare – such as Medicare-for-All – would eviscerate the progress we’ve made to strengthen the program by empowering patients to make informed choices in choosing high-quality plans that best fit their needs.”

Approximately 52 percent of Medicare Advantage plans that offer prescription drug coverage will have an overall rating of four stars or higher, compared to approximately 45 percent in 2019. The average star rating for all Medicare Advantage plans with prescription drug coverage has improved to 4.16 out of 5 stars, increasing from 4.02 in 2017.

More Medicare beneficiaries will have access to a greater number of high-quality stand-alone Medicare Part D prescription drug plans. In 2020, based on current enrollment, approximately 28 percent of enrollees will be in stand-alone prescription drug plans with 4 stars or higher, an increase from approximately 3 percent in 2018. And the average star rating for a stand-alone prescription drug plan has improved from 3.34 in 2019 to 3.50 in 2020.

Earlier this year, CMS made improvements to the Medicare Advantage and Part D Star Ratings so that consumers can more easily identify high-value and high-quality plans. The Star Ratings methodology was enhanced to better account for differences in a plan’s enrollee population.

The Star Ratings system helps people with Medicare, their families, and their caregivers compare the quality of health and drug plans being offered. Medicare health and drug plans are given a rating on a 1 to 5 star scale, with 1 representing poor performance and 5 stars representing excellent performance. Medicare beneficiaries can compare health coverage choices and the Star Ratings through the online Medicare Plan Finder tool available at Medicare.gov (https://www.medicare.gov). CMS publishes the Medicare Advantage and Part D Star Ratings every year to measure the quality of, and reflect the experiences of beneficiaries in, Medicare Advantage and Part D plans.

It will be easier than ever to compare Medicare Advantage and Part D plans on Medicare.gov. As the 2020 Medicare Open Enrollment period approaches, CMS for the first time in a decade launched a modernized and redesigned Medicare Plan Finder – the most-used tool on Medicare.gov – that allows users to shop and compare Medicare Advantage and Part D plans (including by total costs of estimated annual drug costs plus premiums) as well as compare costs between original Medicare, Medicare prescription drug plans, Medicare Advantage plans and Medicare supplemental insurance (Medigap) policies.

Medicare Open Enrollment begins on October 15, 2019, and ends on December 7, 2019. During this time, Medicare beneficiaries can compare coverage options like Original Medicare and Medicare Advantage and choose health and drug plans for 2020. Medicare health and drug plan costs and covered benefits can change from year to year, so people with Medicare should look at their coverage choices and decide on the options that best meet their health needs. They can visit Medicare.gov (https://www.medicare.gov), call 1-800-MEDICARE, or contact their State Health Insurance Assistance Program.

For more information on the 2020 Medicare Advantage and Part D Star Ratings, including a fact sheet, please visit: https://www.cms.gov/Medicare/Prescription-Drug-Coverage/PrescriptionDrugCovGenIn/PerformanceData.html, and download the “2020 Part C and D Medicare Star Ratings Data” zip file in the downloads section.

To view the premiums and costs of the 2020 Medicare Advantage and Part D plans, please visit: https://www.cms.gov/Medicare/Prescription-Drug-Coverage/PrescriptionDrugCovGenIn/index.html.

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Tags: Medicare Advantage, Medicare, star ratings

New Medicare Plan Finder - Top 10 Questions and Answers

Posted by www.psmbrokerage.com Admin on Fri, Oct 11, 2019 @ 10:42 AM

New Medicare Plan Finder - Top 10 Questions and Answers
(for those Helping People with Medicare)

Download the PDF here

Will SHIP counselors, agents and brokers (or non-beneficiaries) be able to make a new drug list and save it? People who help Medicare beneficiaries compare and select plans using the Medicare Plan Finder will still be able to provide this help. The new Plan Finder still allows all users to search health and drug plans anonymously. To get the most personalized information and costs, SHIP counselors and others can help beneficiaries create and use a MyMedicare.gov account to access additional features like creating a personal drug list and accessing low-income subsidy information.
How can SHIP counselors, agents and brokers (or non-beneficiaries) help beneficiaries create accounts and compare/enroll in plans without violating HIPAA requirements? Beneficiaries who work with trusted counselors using the old Medicare Plan Finder have always needed to share some sensitive personal information if they want help conducting a personalized search or enrolling in a plan. When using the new Plan Finder, counselors are expected to uphold the same practices they currently have in place to ensure that any personal information is kept safe and secure, and is used appropriately and only for the purpose that it was offered and intended.
If a beneficiary has used the Medicare Plan Finder in the past, and has an existing drug list created, will all of their information carry over into the new Plan Finder? If someone has already created an account on MyMedicare.gov, they will use that same username and password to log into the new Plan Finder – there is no need to create another account. If they have an existing drug list stored in MyMedicare.gov, they can print a copy of that list until December 7, 2019 and use it to create an updated list in the new Plan Finder, using their old list and the suggestions pulled from their claims information. Because the previous technology is proprietary, their old drug list won’t be transferred to the new Plan Finder.
In the old Plan Finder, a user could sort the drug plans available in the ZIP code by total cost. This feature is not included in the new Plan Finder – will it be added? Yes, we always planned to include the option to sort plans based on Total Annual out-of-pocket costs by Open Enrollment, and that feature is now available.
How can I check to see if a plan offers some of the new supplemental benefits such as meal delivery? Is there a way to search for that in Plan Finder? People with Medicare can filter plan results in the new Plan Finder on the supplemental benefits they’ve told us are most important to them: dental, vision, hearing,transportation and fitness benefits. With the 2020 plan information that will be available in Open Enrollment, there will be an expanded list of supplemental benefits shown in the plan details and comparison. We are also exploring options for adding search capabilities for certain benefits in future years.
With this new Plan Finder, is Medicare trying to encourage people to stop using SHIP counselors and agents or brokers and/or force people to go online? Plan Finder is not a replacement for our traditional customer service options, including in-person counseling from SHIPs, 1-800-MEDICARE, print materials like the Medicare &You handbook, or consultations with a trusted agent or broker. People with Medicare should feel free to use the support option they’re most comfortable with to help them understand their options and make a decision that best meets their needs. These improvements to Plan Finder are one of several projects in our eMedicare initiative,which is about improving customer service – regardless of the channel -- for Medicare beneficiaries.
In the old Plan Finder, we could easily print reports of the comparison results and use them to help beneficiaries, as well as keeping a record for our own audit and training requirements. These reports don’t print well in the new Plan Finder, and we’ve had trouble viewing some pages on browsers other than Chrome. Are you fixing this? Yes, we’re in the process of making adjustments to the printing capabilities in the new Plan Finder and expect those features to be improved soon. We’re also continuing to improve the user experience on some of the less common browsers.
Does the new Plan Finder include Medigap policy information in its results for Original Medicare plans? The new Plan Finder better integrates Medigap data into the step-by-step process that users follow. As an example, someone interested in Original Medicare with additional PartD and Medigap coverage will first be taken through the Plan Finder Part D comparison and enrollment section, and then directed to the Medigap tool. In the current Plan Finder, these are completely separate activities. Additionally, the Medigap tool has been redesigned and mobile optimized. Medigap plans are primarily regulated by State Departments of Insurance and are sold by private insurance companies, not CMS. As a result, CMS has limited Medigap data available and we cannot support direct online Medigap plan enrollment. The Medigap information that is included in Medicare Plan Finder is intended for general education only.
Will the new Plan Finder confirm a beneficiary’s current coverage and/or low-income subsidy amount? If a beneficiary uses the Plan Finder while logged in through their MyMedicare.gov account, we will be able to show and factor in any information that Medicare has about their current enrollment and cost-savings through subsidies.
What changes or updates will be made to the new Medicare Plan Finder for Open Enrollment? Will the anonymous option (without logging in to an account) still be available in the new Plan Finder for 2020 plans? The anonymous experience is a permanent feature of the new Plan Finder – it will continue to be available. In addition, these updates will be in place by the start of Open Enrollment on October 15, 2019:

• Display drug tier costs
• Link directly from MyMedicare.gov to new Plan Finder
• Integrate partial gap coverage into cost sharing
• Adding Original Medicare info and card for comparison
• Add sort option for total cost (plan premium + drug costs)
• Add footnote for excluded drugs
• Maintain filters and SNP selections when using back button
• Add option to add mail order on pharmacy selection page
• Refine the ZIP code entry process
• Show distinction between preferred in-network versus in-network pharmacy on

the Costs-by-Phase table
• Add note about over-the-counter drugs to drug lookup page
• Add option to compare a third retail pharmacy when mail order isn’t selected
• Improve print format
• Various backend technical updates to prepare for display of 2020 plans

Download the PDF here

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Tags: Medicare, Medicare Plan Finder

New Plan Finder Updates Including Star Ratings. Materials Available Now

Posted by www.psmbrokerage.com Admin on Fri, Oct 11, 2019 @ 10:23 AM

New Plan Finder Updates Including Star Ratings. Materials Available Now

As you know, CMS has introduced a new design for Medicare Plan Finder for this year's open enrollment to make it easier for people to learn about and select the plan options that best meet their needs. CMS has now added Part C and D Star Ratings information to the new tool. Medicare Plan Finder continues to display overall ratings, Part C and D summary ratings, domain ratings and measure-level ratings. The high-performing icon and low-performing icon plans continue to be highlighted. A user can find the Star Ratings information under Plan Details. The new design is focused on facilitating access to the most frequently used features and data, so drill-downs to certain information, such as numeric measure scores and reasons for members choosing to leave a plan, are not included in the Medicare Plan Finder.

In addition, an option to sort PDPs and Medicare Advantage plans by "Total Cost" (lowest estimated retail drug cost + premiums) is now available on the Medicare Plan Finder. We have also implemented several updates and corrections to improve other issues, including drug pricing information, identified by users.

You can find more information about these updates on the Top Plan Finder Q & As at https://cmsnationaltrainingprogram.cms.gov/node/197

The Medicare Plan Finder on Medicare.gov helps people with Medicare compare and choose coverage options, including Medicare health and drug plans.

Materials are available here to learn and train others about new Plan Finder updates..

Source: https://cmsnationaltrainingprogram.cms.gov/node/197

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Tags: Medicare, Medicare Plan Finder

Social Security Benefits Increase in 2020

Posted by www.psmbrokerage.com Admin on Thu, Oct 10, 2019 @ 04:30 PM

Social Security Benefits Increase in 2020

When we announce the annual cost-of-living adjustment (COLA), there’s usually an increase in the Social Security and Supplemental Security Income (SSI) benefit amount people receive each month. Federal benefit rates increase when the cost of living rises, as measured by the Department of Labor’s Consumer Price Index (CPI-W).

The CPI-W rises when inflation increases, making your cost of living go up. This means prices for goods and services, on average, are a little more expensive, so the COLA helps to offset these costs.

As a result, nearly 69 million Americans will see a 1.6 percent increase in their Social Security and SSI benefits in 2020.

January 2020 marks other changes that will happen based on the increase in the national average wage index. For example, the maximum amount of earnings subject to Social Security payroll tax, as well as the retirement earnings test exempt amount, will change in 2020.

Want to know your new benefit amount as soon as possible? In December 2019, we will post Social Security COLA notices online for retirement, survivors, and disability beneficiaries who have a my Social Security account. You will be able to view and save these COLA notices securely via the Message Center inside my Social Security. You can also opt out of receiving notices by mail that are available online.

Be the first to know! Sign up for or log in to your personal my Social Security account today and choose email or text under “Message Center Preferences” to receive courtesy notifications so you won’t miss your online COLA notice!

You can find more information about the 2020 COLA here.

Source: https://blog.ssa.gov/social-security-benefits-increase-in-2020

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Tags: Medicare, Social Security

Medicare Blog | Medicare News | Medicare Information

Can Dental Benefits Become a Competitive Advantage?

92% of Humana’s Medicare Advantage Members are in 4-Star and Above

Part D Out-of-Pocket Costs to Spike in 2020

Medicare Advantage, Part D members shifting to higher-rated plans

How To Deal With Difficult Customers

How to Deal with Difficult Customers

Medicare Advantage Enrollment Grows 8% Year-Over-Year

CMS Releases Star Ratings for 2020 Medicare Advantage and Part D Drug Plans Ahead of Medicare Open Enrollment

New Medicare Plan Finder - Top 10 Questions and Answers

New Plan Finder Updates Including Star Ratings. Materials Available Now

Social Security Benefits Increase in 2020

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