Medicare beneficiaries can change their Part D drug plan at the end of end of every year. Once they are in a plan, most are “locked in” for the next year. The numbers are in for 2011 enrollment in Part D drug plans, and the winners and losers are:
Tag Archives: medicare blog
2.8 Million Baby Boomers Eligible For Medicare in 2011
In 2011, 2.8 million baby boomers will turn 65 and become eligible for Medicare.
Medicare Advantage: A Growing Business
Humana’s Medicare Advantage enrollment climbed 17 percent in the third quarter of 2010 to more than 1.7 million people. Humana is the second largest provider of Medicare Advantage plans behind UnitedHealth Group. United’s Medicare Advantage business grew 16% year-over-year.
Medicare Advantage: No Cuts in Election Year
Medicare Advantage plans will not face big payment cuts until 2012 as a result of the health care reform bill, avoiding a political hot potato in the 2010 election year.
Medicare Independent Payment Advisory Board
In the long list of provisions in the health care reform law that will affect Medicare, it looks like the most important element is the Independent Payment Advisory Board. This appointed board will have the ability to set policy for Medicare.
Health Care Reform Law and Part D
All the delays in passing the health care reform bill will also delay positive changes to Part D coverage. Seniors were supposed to get relief this year, but it appears that people who fall into the doughnut hole in 2010 will only get a $250 rebate. Changes that were supposed to take effect in 2010 have been moved to 2011.
Health Care Reform Law and Medicare
The Health Care Reform Law will affect Medicare in many ways. Cuts to Medicare Advantage plans and increases for primary care doctors are just some of the changes. The list is from The Medicare Rights Center.
Why Democrats Hate Medicare Advantage
A recent report from Congress highlighted why Democrats hate Medicare Advantage. The study of Medicare Advantage plans’ revenues and expenses from 2005 to 2008 found that the average Medicare Advantage insurer spent over 15% of its revenues on marketing, administrative costs, and profits.
