by KFF | Aug 8, 2024 | Industry News, Medicare, Medicare Advantage
Medicare Advantage enrollment has been on a steady climb for the past two decades following changes in policy designed to encourage a robust role for private plan options in Medicare. After a period of some instability in terms of plan participation and enrollment,...
by KFF | Aug 8, 2024 | Industry News, Medicare Advantage
In 2024, three quarters (75%) of enrollees in individual Medicare Advantage plans with prescription drug coverage pay no premium other than the Medicare Part B premium, which is a big selling point for beneficiaries, particularly those living on modest incomes and...
by KFF | Jul 2, 2024 | Industry News, Medicare Advantage
Until fairly recently, employer-sponsored health benefits for Medicare-age retirees were typically designed to supplement, wrap around or coordinate with traditional Medicare. These plans often cover some or all of Medicare’s coinsurance and deductibles, and sometimes...
by AgentandAdvisor.com | Jun 20, 2024 | AEP, Industry News, Medicare Advantage
According to a March report from Chartis, MA enrollment likely peaked in 2020, with a significant increase of 1.5 million new Medicare enrollees compared to only 1.3 million new enrollees this past year. While MA remains a popular choice for seniors, the enrollment...
by Healthcare Finance | Jun 14, 2024 | CMS, Industry News, Medicare Advantage
“In light of the rulings issued in SCAN Health Plan v. Department of Health and Human Services and Elevance Health v. Department of Health and Human Services, CMS will recalculate and update the Star Ratings for Contract Year 2024 (CY 2024) used for Contract...
by Chartis | Mar 5, 2024 | CMS, Industry News, Medicare Advantage
The Medicare Advantage market is at an inflection point. The past few years have seen unprecedented enrollment growth, fueled by a rapidly increasing senior segment and an enabling regulatory environment. While growth this year remained strong, it was slower than in...
