Medicare & Other Health Insurance
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House Leaders Introduce Bills to Prevent COBRA from Biting People Eligible for Medicare
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“Many retirees are unexpectedly exposed to out-of-pocket liability for any costs paid under COBRA benefits on or after date of Medicare eligibility and penalties for late enrollment in Medicare. Some of this risk would be eliminated if COBRA notices addressed the interaction with Medicare, and vice versa. Unfortunately, such information is not required under either […]
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House Passes Historic Bill to Lower Drug Prices & Expand Medicare
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On December 12th, the U.S. House of Representative passed a historic piece of legislation, Elijah E. Cummings Lower Drug Costs Now Act (H.R. 3) by a vote of 230-192. If signed into law, this legislation would significantly reduce the cost of prescription drugs for beneficiaries and Medicare, including authorizing Medicare to negotiate prices for certain […]
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Open Enrollment is Here! ~ It’s Time to Review Your Medicare Options for 2020
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Medicare’s Fall Open Enrollment is here! Officially known as the Annual Election Period (AEP) which runs from October 15 through December 7, this is main time when you can change your coverage. All changes are effective January 1 next year. If you are in a Medicare Advantage plan, you can switch plans or disenroll and […]
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2020 Brings Changes to Medicare Supplement Insurance (Medigap)
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Congress passed a law in 2015 to prevent Medicare beneficiaries from buying Medigap plans that cover the Medicare Part B deductible. The Medicare Access and CHIP Reauthorization Act of 2015 (MACRA) was signed into law on April 16, 2015 with an effective date of January 1, 2020. This change in federal law, prohibiting coverage for […]
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Adding Long Term Care Services to Medigaps Isn’t a Good Option & Here’s Why
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Below is California Health Advocate’s comment letter to the National Association of Insurance Commissioners (NAIC) about Medigap and long term care services and supports (LTSS). It is in response to Chairman Neal’s of the House Ways and Means Committee inquiry about the possibility of including these benefits in Medigap policies. While we share Chairman Neal’s […]
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