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Medicare Blog | Medicare News | Medicare Information

CMS Releases Advance Notice For Medicare Advantage And Part D Plans

Posted by www.psmbrokerage.com Admin on Mon, Feb 10, 2020 @ 01:52 PM

Tags: Medicare Advantage, Medicare Part D, CMS

2021 Medicare Advantage and Part D Advance Notice Part II Fact Sheet

Posted by www.psmbrokerage.com Admin on Mon, Feb 10, 2020 @ 01:42 PM

Tags: Medicare Advantage, Medicare Part D, CMS

CMS to Add MA Telehealth Coverage for Kidney Disease, Specialty Care

Posted by www.psmbrokerage.com Admin on Mon, Feb 10, 2020 @ 10:00 AM

Tags: Medicare Advantage, CMS, Telehealth

CMS may force Part D plans to offer real-time pricing data to members

Posted by www.psmbrokerage.com Admin on Fri, Feb 07, 2020 @ 11:28 AM

Tags: Medicare Advantage, Medicare Part D, CMS

Contract Year 2021 and 2022 Medicare Advantage and Part D Proposed Rule

Posted by www.psmbrokerage.com Admin on Fri, Feb 07, 2020 @ 10:48 AM

Tags: Medicare Advantage, Medicare Part D, CMS

Proposed Changes to Medicare Advantage and Part D Will Provide Better Coverage, More Access and Improved Transparency for Medicare Beneficiaries

Posted by www.psmbrokerage.com Admin on Fri, Feb 07, 2020 @ 10:35 AM

Tags: Medicare Advantage, Medicare Part D, CMS

Beneficiary Advocates Raise Alarms Concerning Roll-Out of New Medicare Plan Finder and Revision of Medicare Marketing Rules

Posted by www.psmbrokerage.com Admin on Wed, Sep 11, 2019 @ 10:27 AM


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Tags: Medicare Advantage, Medicare, Medicare Supplement, CMS

CMS Maintains Important Changes in Draft 2020 Medicare & You Handbook

Posted by www.psmbrokerage.com Admin on Mon, May 06, 2019 @ 03:28 PM

CMS Maintains Important Changes in Draft 2020 Medicare & You Handbook



Julie Carter / May 2, 2019 / Medicare Watch

Last year, the Centers for Medicare & Medicaid Services (CMS), the federal agency that oversees the Medicare program, released a draft version of the annual “Medicare & You” handbook that contained several glaring inaccuracies. In a significant advocacy success, Medicare Rights and our allies convinced CMS to correct these major errors and release a final 2019 handbook that was greatly improved.

This week, CMS released a draft for the 2020 handbook. We are relieved to see that this draft does not repeat last year’s mistakes.

Read more about our original concerns with the “Medicare & You” handbook in 2019.

Read our thank you letter to CMS as a response to the changes to 2019’s “Medicare & You.”

Source: https://blog.medicarerights.org/cms-maintains-important-changes-in-draft-2020-medicare-you-handbook

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Tags: Medicare, CMS

CMS Completes Rollout of New Medicare Cards Ahead of Schedule

Posted by www.psmbrokerage.com Admin on Tue, Jan 29, 2019 @ 10:28 AM

CMS Completes Rollout of New Medicare Cards Ahead of Schedule


Last week, the Centers for Medicare & Medicaid Services (CMS)—the agency that oversees the Medicare program—announced that they finished the rollout of new Medicare cards to 61 million people with Medicare ahead of the original deadline of April, 2019. This means that all people with Medicare should now have Medicare cards that include a random Medicare Beneficiary Identifier (MBI) instead of a number based on their Social Security number.

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Tags: Medicare, CMS, New Medicare Cards

Federal Regulators Release Medicare Advantage Payment Increase for 2017

Posted by www.psmbrokerage.com Admin on Tue, Apr 12, 2016 @ 03:39 PM

blog_pic_payment_increase.png

On April 4, the Centers for Medicare and Medicaid Services (CMS) released the final updates to the Medicare Advantage and Part D programs for 2017.  An article from Bloomberg on the same day summarizes the impacts of the increase across the industry.

The U.S. is raising payments to the insurers by 0.85 percent on average, according to a statement Monday from the Centers for Medicare and Medicaid Services, down from the 1.35 percent boost proposed in February. Payments to individual insurers can vary, because CMS gives individual plans quality bonuses and premiums are adjusted based on where enrollees live and how sick they are.

 The smaller increase gives less of an increase to top providers of Medicare Advantage plans such as UnitedHealth Group Inc. and Humana Inc. Other publicly traded insurers that are big providers of the private Medicare plans include Aetna Inc., Centene Corp., and WellCare Health Plans Inc. The U.S. raised rates by about 1.25 percent for this year, after a cut of about 4 percent in 2015. Medicare Advantage plans are run by private health insurers, and funded and regulated by the government.

Click here to read the Bloomberg article.

Click here to read the full release from CMS.

Source: https://www.csgactuarial.com/2016/04/federal-regulators-release-medicare-advantage-payment-increase-for-2017/

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Tags: Medicare Advantage, Medicare Advantage News, CMS

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