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HealthCare.gov Breaks New Record with 16.6 million Consumers Signing Up for Coverage—the Highest Ever for January 1 Coverage

by CMS | Dec 20, 2024 | CMS, Industry News, OEP

The Centers for Medicare & Medicaid Services (CMS) is committed to a robust Marketplace Open Enrollment process for consumers so they can easily purchase high-quality, affordable health care coverage. CMS reports that a record 16.6 million[1] consumers signed up...

Lower Drug Prices Announced Under Medicare Negotiation Program

by AJMC | Aug 15, 2024 | CMS, Industry News, Medicare

CMS today announced the agreed-upon lower prices for all 10 drugs selected for price negotiations under the Inflation Reduction Act (IRA). These drugs are considered some of the most expensive and frequently dispensed throughout the Medicare program. According to CMS,...

Registration and Training for Marketplace Agents and Brokers

by CMS | Jul 31, 2024 | ACA, CMS, Industry News

Agents and brokers who are new to the Marketplace this year, or who did not complete plan year 2024 registration and training, will be required to take the full Individual Marketplace training for plan year 2025. New agents and brokers can take Individual Marketplace...

CMS Releases 2025 Medicare Part D Bid Information and Announces Premium Stabilization Demonstration

by CMS | Jul 29, 2024 | CMS, Industry News, Medicare, Part D

Today, the Centers for Medicare & Medicaid Services (CMS) is releasing preliminary technical Medicare Part D bid information for contract year 2025 to help Part D plan sponsors finalize their Part D and Medicare Advantage (MA) offerings and prepare for Medicare...

Senators Propose Criminal Penalties, Consumer Protections to Stop Rogue Health Insurance Brokers

by Finance Senate | Jul 24, 2024 | CMS, Industry News

The bill, titled the Insurance Fraud Accountability Act, would hold fraudulent insurance brokers and marketers criminally responsible for profiting off of deceptive marketing schemes into health care insurance...

New Medicare Rule Could Force Seniors to Switch Health Insurance Plans

by Newsweek | Jul 22, 2024 | CMS, Industry News, Medicare

A new Medicare rule could wind up forcing seniors to switch health insurance plans or face a significant penalty. Many seniors who continue to work past 65 are still on their employer’s health plan instead of the government-run Medicare. However, a new update to...
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