When Congress debated cutting payments to Medicare Advantage plan sponsors, what did the sponsors threaten? To get out of the Medicare market. Yet can they really afford not to be in the Medicare market, especially given that 3 of the top Fortune 500 companies in 2011 were WellCare Health Plans, Humana, and Centene, all of which are health insurers with a high proportion of … [Read more...] about Medicare = Big Bucks for Insurers ~ Can They Afford to Leave the Market?
Medicare's Open Enrollment, also referred to as the Annual Election Period (AEP) ends in less than one week on Wednesday December 7. This year's AEP started earlier and ends earlier than previous years, and is an important time for beneficiaries to closely evaluate their current health coverage, whether or not they'd like to switch health plans, return to Original Medicare or … [Read more...] about Medicare’s Open Enrollment Ends Dec 7th
On Monday, the U.S. Supreme Court announced that it will review the legal challenges against the federal health reform law, the Affordable Care Act (ACA), in early spring 2012. While several different lawsuits challenging the law were presented to the justices, the court will only review the multistate lawsuit filed by 26 states and the National Federation of Independent … [Read more...] about Supreme Court to Review Constitutionality of New Health Care Law & Key Provisions
Kaiser Family Foundation recently posted a summary article on 9 main ways the new health care reform law may affect people in 2011; 5 of them specifically affect Medicare beneficiaries. See below or click here to view their full article. Nine Ways the New Health Law May Affect You in 2011 Opponents of the new health care overhaul law are threatening to repeal, defund and … [Read more...] about Learn How Health Care Reform May Affect You in 2011