Attention all Equitable Agents in Indiana: Agency Directive

Agency Directive #1374 from Equitable Life & Casualty From: Equitable Life & Casualty To: All Equitable Agents in Indiana Date: March 20, 2015 Subject: Rates on Modernized Medicare Supplement Plans (Series 2070) “We recently filed with the state insurance department for a rate adjustment to our Modernized Medicare Supplement plans (Series 2070). We will begin … Read more

Medicare Supplement Insurance Sales Summit

Medico® is a proud sponsor of this year’s Medicare Supplement Insurance Sales Summit You can be part of the action, too, by watching the online broadcast of the 2015 Medicare Supplement Sales Summit on April 14th. The online broadcast is completely free to join and you can watch as much or as little as you would like. Click here to … Read more

Advantage plans offer more benefits than Medicare

Patients in Medicare Advantage plans are better off than those in traditional Medicare plans — because they’re getting more benefits. New HealthPocket analysis found that 97 percent of Advantage plans provided coverage for a minimum of one extra insurance benefit — vision, dental, or hearing — not covered by Medicare. And 42 percent of Advantage … Read more

Humana Has Made Changes To Commissions

The RPPO MAPD (R5826-008) plan is non-commissionable in some counties. Please CLICK HERE for the complete notification from Humana.  The LPPO plan will be offered in these counties (refer to page 6 in the notification showing the LPPO counties). The RPPO plan is going up from $66 to $79 in 2015; the LPPO plan will be $66 in 2015. Members currently … Read more

Hospitals hope for relief from two-midnights purgatory

The heavily criticized Medicare two-midnights rule involving short inpatient stays has technically been in effect for the past year. But providers, regulators and healthcare observers are not sure the rule will hold up in its current makeshift form.The two-midnights rule entered the healthcare vernacular last year after it was finalized in Medicare’s fiscal 2014 inpatient rule. But … Read more

17 more Medicare facts your clients need to know

Medicare benefits generally become available at the beginning of the month in which an individual reaches age 65. An individual whose birthday falls on the first day of a month is treated as having reached age 65 on the last day of the month immediately preceding his or her birthday. Assuming an individual is otherwise eligible … Read more

Interest surges in Medicare bundled-payment initiative

Medicare will nearly triple the number of hospitals and medical groups that are candidates to test bundled payments, one of the health reform law’s efforts to revamp healthcare financing.The CMS announced it will add roughly 4,100 providers to about 2,400 already exploring the possible use of bundled payments for some or all of four dozen medical conditions and procedures, … Read more

Interest surges in Medicare bundled-payment initiative

Medicare will nearly triple the number of hospitals and medical groups that are candidates to test bundled payments, one of the health reform law’s efforts to revamp healthcare financing.The CMS announced it will add roughly 4,100 providers to about 2,400 already exploring the possible use of bundled payments for some or all of four dozen medical conditions and procedures, … Read more

Medicare trustees’ report finds ‘cautious optimism’

The Medicare trustees say there are reasons for “cautious optimism” about Medicare’s financial outlook, and that Obamacare deserves at least some credit for that. The depletion date for the Part A hospital insurance trust fund is now projected at 2030, compared with last year’s projection of 2026, and initial projections show unchanged Part B premiums in 2015, the … Read more

Medicare’s audit contractors are failing, say lawmakers and hospitals

Providers and members of Congress are pushing the CMS to rethink its tactics for reducing the number of improper Medicare claims. “The bottom line is, despite doing more audits than ever before, Medicare just isn’t getting the job done when it comes to preventing payment errors,” Sen. Bill Nelson (D-Fla.), chairman of the Senate Special Committee on Aging … Read more

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