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Because some agents aren’t getting paid to sell certain Part D or Medicare Advantage policies, they may not recommend those plans even when they’re the best choices for beneficiaries. Brokers and agents who don’t offer all plans in an area must disclose that to clients, but they’re not...
A critical area of focus for leaders should be the Medicare Advantage Star Ratings program. While 4+ star performance is becoming table stakes, plans that emphasize achieving better Star-program performance tend to have an advantage. About the authors The Centers for Medicare & Medicaid Services (...
Medicare Open Enrollment begins October 15 and ends December 7, with coverage changes taking effect January 1, 2024. During this time, people with Medicare can compare coverage options, like Traditional Medicare and Medicare Advantage, and choose health and drug plans for 2024. MA and Par...
News Honor Roll of Best Medicare Advantage Plans is based on the Centers for Medicare and Medicaid Services (CMS) 2024 star ratings for Medicare Advantage plans.Individuals choosing a Medicare Advantage plan should consider criteri a including the size of the provider network, monthly costs, and ...
March 01, 2024 • 14min read • Written byCarly Plemons Back Summary: Medicare Part D prescription drug plans may cover different prescriptions at different prices. All Medicare plans with prescription drug coverage have to include at least two medications from each of the most common pres...
For Medicare Advantage (also known as Medicare Part C) and Medicare prescription drug plans, there’s an Annual Enrollment Period (AEP) when you can sign up for, change or disenroll from a plan. The Annual Enrollment Period (AEP) is a designated timeframe during which individuals can make ...
The Centers for Medicare & Medicaid Services (CMS) released the CY2024 Medicare Parts C and D Readiness Checklist on October 13, 2023. Although this is a busy time of year, it is critical that Plans thoroughly review this checklist for insight into a shortlist of some of the requirements ...
Medical billing services should also be ready to accommodate potential changes to Medicare. For example, the U.S. Centers for Medicare and Medicaid Services (CMS) expanded Medicare dental coverage in 2023, continuing into 2024. This expansion mandates that Medicare Parts A and B cover dental servi...
For those who choose high-deductible health plans (HDHPs), an HSA has real advantages. It can offset your medical costs, reduce your taxes, and give you a long-term tax-advantaged savings account. An HDHP isn't the best option for everyone, but having one is the only way t...