New Report Spotlights Medicare Lessons for Stabilizing Affordable Care Act Marketplaces

Stacy SandersMedicare Watch0 Comments

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A report released this week by the Georgetown University Center on Health Insurance Reforms (CHIR) reviews strategies to stabilize the Affordable Care Act health insurance Marketplaces, drawing on lessons learned from Medicare. Through the Marketplaces, millions of Americans—who would otherwise lack coverage altogether—now have health insurance made available through private plans subsidized by the federal government. While some insurers are succeeding in the Marketplace and expanding their reach, others are experiencing losses, leading to withdrawals from the market and premiums hikes. This instability is causing some to question the long-term sustainability of the Marketplaces. Read More...

Medicare Rights Spotlights Important Work at Annual SHIP/SMP Conference

Casey SchwarzInside Medicare Rights, Medicare Watch0 Comments

Last week, as part of the annual conference for State Health Insurance Assistance Programs (SHIPs) and Senior Medicare Patrols (SMPs), the Medicare Rights Center convened with the U.S. Administration for Community Living (ACL), the Northeast Iowa Area Agency on Aging (NEI3A), Health Benefits ABCs, and two consultants in Milwaukee, WI, to spotlight recent successes in reaching SHIPs and SMPs with important support. Read More...

CMS Announces Changes to the Medicare Advantage Value-Based Insurance Design Model

Mitchell ClarkMedicare Watch0 Comments

CMS recently announced planned updates to the Medicare Advantage Value-Based Insurance Design Model (VBID) that will be implemented in the second year of the model, starting January 1, 2018. In year two, CMS will expand the model to include beneficiaries with rheumatoid arthritis and dementia and add Alabama, Michigan, and Texas to the states where the model will take place. Read More...

CMS Projects Relatively Stable Part D Premiums in 2017

Mitchell ClarkMedicare Watch0 Comments

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The Centers for Medicare & Medicaid Services (CMS) recently announced that the average basic premium for a Part D prescription drug plan is estimated to be $34 per month in 2017. This projected average premium is a slight increase over the average monthly premium in 2016 ($32.56) and represents the continued relative stability of Part D premiums. Read More...