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|January 9, 2019
NEW YEAR NEW MEDICARE ADVANTAGE PLANS AND BENEFITS
Medicare Advantage 2019 Enrollment Continues to Increase
According to the Kaiser Family Foundation, more than 20 million Medicare beneficiaries (34%) are enrolled in Medicare Advantage plans nationally. Additionally, more Medicare Advantage plans are available in 2019 than any year since 2009.
In addition to the increase in plans, increases in supplemental benefits being offered in the new year are touted while premiums for these plans are decreasing by an average of 6% according to CMS. The national average for Medicare Advantage premiums will be at $28.00 down from an average of $29.81 in 2018. Approximately 46% of Medicare Advantage enrollees will have a zero premium.
If you have questions, please contact Dana McHugh via email or by calling her at (850) 339-2909.
RIPPED FROM THE HEADLINES
Medicare Cuts Payments to Nursing Bundled Payments Save Money “Nearly Exclusively” By Cutting Skilled - A key mandatory bundled payment program saved the government money almost entirely through the reduction of skilled nursing facility reimbursements, a new study from researchers at Harvard University concluded. Read more...
Humana CEO: Home-Based Care, Social Determinants of Health “Most Impactful” to Health Care System - Advances in home-based care capabilities and being able to properly address social determinants of health for older adults and chronically ill populations are among “the most impactful” influences on the U.S. health care system, according to Bruce Broussard, CEO and president of Humana. Read more...
Health plan updates
Availity Gateway Processing Experience Changes Effective January 19, 2019. Availity Gateway will be implemented to help process your claims sooner by decreasing claims holds and allowing for a more seamless processing experience for you. Read more...
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