People all over the world are living longer. Worldwide, few people reach the age of 100, and those who do are often celebrated for their longevity. Only one out of every six thousand people will blow out the candles on their 100th birthday cake. Even fewer people (one out of every...
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Tags: elderly, exercise, health, insurance, longevity, MAPD, Medicare, old age
Posted in Miscellaneous | No Comments »
Every year, both seniors and the government lose quality health care and billions of dollars to corrupt providers. Medicare fraud isn’t new, but as the new health care reforms have passed, fraud has been in the spotlight. Medicare fraud affects everyone, from the government to seniors to taxpayers.
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Tags: fraud, MAPD, Medicare, medicare advantage, prescriptions, Reform, scams, senior citizens, seniors
Posted in Medicare Fraud and Scams | No Comments »
Although the Advantage ratings purportedly help seniors weed out the best possible plans, the ratings system is flawed and most seniors rely on a combination of plan costs and benefits to determine which plan they want. The impending Medicare reforms will be rewarding top-ranked Advantage plans with bonuses, despite the obvious flaws within the...
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Tags: aetna, MAPD, medicare advantage plans, medicare health insurance, medicare plans, Reform
Posted in Reform | 3 Comments »
Medicare fraud is among the most common types of health care fraud. The Obama administration has requested a funding increase in an effort to cut down the Medicare fraud. These efforts have been successful in the Miami area, which has the highest rates of both Medicare fraud and prosecutions.
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Tags: fraud, MAPD, Medicare, medicare advantage, prescriptions, Reform, scams, senior citizens, seniors
Posted in Medicare Fraud and Scams | 1 Comment »
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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Tags: Cigna, healthcare, insurance, MAPD, Medicare, part c, part d, PFFS, Rx, Special Enrollment Period
Posted in Health Insurance Carriers | No Comments »
After going through another Medicare Annual Enrollment season, it is hard to believe just how many rules are listed and enforced by CMS.
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Tags: Annual Enrollment Period, CMS, MAPD, Medicare, medicare advantage, MIPPA, prescription, Rx
Posted in Politics | No Comments »
The recent Senate bill entitled "The Patient Protection and Affordable Care Act" is intended to bring insurance to many uninsured Americans and to help the Medicare program avoid insolvency, which is projected to happen in 6 years. Unfortunately, the bill will probably have just the opposite effect.
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Tags: bankruptcy, Geithner, insolvency, MAPD, Medicare, medicare advantage plans, prescription, Reform, Rx
Posted in Politics | No Comments »
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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Tags: Baucus, Geithner, Humana, MAPD, Medicare, medicare advantage plans, prescription, Reform, Rx, Senate
Posted in Health Insurance Carriers, Medicare Fraud and Scams, Reform | No Comments »
President Barack Obama announced on Monday that he plans on closing the gap in prescription drug coverage for senior citizens.
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Tags: coverage gap Rx, doughnut hole, MAPD, Medicare, medicare advantage plans, obama, prescription, Reform
Posted in Politics | 2 Comments »