WellPoint, one of the nation’s largest health insurance agencies, sparred off against the drug Boniva, which is marketed by Genentech. In 2009, WellPoint made it more difficult for beneficiaries to use Boniva, which is used to treat osteoporosis, after conducting a study on the drug. Sufferers of osteoporosis are primarily women, who...
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Effective February 1, 2010, Cigna is closing their CIGNA Medicare Access PFFS plans to OEP enrollments.
CIGNA will still accept clients enrolling during their individual election period (those aging in to Medicare or newly eligible to Medicare) and those with a Special Enrollment Period. Current clients who have CIGNA Medicare Access PFFS will not see...
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In light of the recent letters sent out to their Medicare Advantage beneficiaries, insurance company Humana now faces the possibility of heavy fines and may even be kicked out of the Medicare Advantage market by federal healthcare agency, CMS. This seems like a pretty harsh penalty for a one page letter informing seniors that...
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According to a study done by the University of California, Los Angeles and the University of Plymouth in the U.K., many Medicare beneficiaries find it hard to choose the most cost-effective Medicare Part D plan when there are so many plans to choose from. Beneficiaries often choose unnecessarily expensive plans and don’t realize that...
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Medicare is a federally funded health insurance plan that is available for those who are 65 or older and Medicare eligible. Original Medicare coverage is divided into two parts. Part A is hospital insurance and for those who are eligible and covered by Social Security can enroll without a charge. However if you are...
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Health Net is among the nation’s largest publicly traded managed health care companies. They provide health benefits to approximately 6.7 million individuals across the country through group, individual, Medicare, Medicaid and TRICARE and Veterans Affairs programs. They are the largest provider of Medicare Advantage plans in Connecticut and they have been serving Medicare Beneficiaries...
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For Medicare Supplement plans, there are three carriers who have the best rates: AARP, Mutual of Omaha plus their subsidiaries, and ANTEX. Below is a description of each plan and some examples of affordable rates that they offer. AARP AARP is the leading nonprofit, nonpartisan membership organization for people ages 50 and over in...
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Aetna Medicare and Costco have teamed up to offer a Medicare prescription drug plan, Aetna Medicare Rx- Costco Plus plan. Not only does this give Medicare members access to one of Costco’s hundreds of U.S. pharmacies, but also to more than 59,000 Aetna network pharmacies nationwide. As of right now, The Aetna Medicare Rx-...
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