by AARP | Aug 28, 2024 | Industry News, Part D
Under the Medicare Part D benefit, which provides prescription drug coverage for nearly 56 million Medicare beneficiaries, many enrollees were originally required to pay 5 percent of their prescription drug costs, with no limit, even after their out-of-pocket spending...
by Seeking Alpha | Aug 27, 2024 | Industry News, Part D
Being the largest Part D player, the move is expected to save hundreds of millions of dollars for Centene (CNC). Many brokers believe the new strategy aims to drive members towards Medicare Advantage plans, which also offer Part D coverage and draw higher funding from...
by NerdWallet | Aug 26, 2024 | Industry News, Life Insurance
Life is full of life-changing moments. Moving to a different city, starting a new job, becoming a first-time parent (or grandparent). But it’s also full of uncertainty — and how long we have left to enjoy life’s many milestones is one of those uncertainties. That’s...
by Fortune | Aug 26, 2024 | Industry News, Medicare
If you’re on Medicare, you’ll be getting one or two Annual Notice of Change letters in your mail or email this September about your 2025 coverage and costs. You may be tempted to ignore what looks like junk, as nearly a third of recipients do, according to an eHealth...
by AgentandAdvisor.com | Aug 20, 2024 | ACA, Industry News
Since its inception in 2010, the Affordable Care Act (ACA) has been a catalyst for reducing uninsured rates among U.S. minority groups, creating significant market opportunities for licensed sales agents. From 2010 to 2022, the uninsured rate among Black Americans was...
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,...