Happy New Year! As 2011 begins, we will start to see the impact PPACA has on Medicare. This is the perfect time to recap the new rules applicable to Medicare.
Late Thursday, 11/4/10, Centers for Medicare and Medicaid Services (CMS) finally released the 2011 Medicare premiums and deductibles. In addition, we have also received the amount that higher income Part D enrollees will pay in addition to their monthly premium.
Are you aware that beginning January 1, 2011 high-income individuals will be paying higher Part D premiums?
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Beginning in 2011, what is known as Open Enrollment will be shortened from January 1-March 31 to the first 45 days of the year. However, the only change that will be permitted is for Medicare Advantage enrollees to disenroll and return to traditional Medicare and enroll in a Part D plan.
Many of you who sell to the Senior Market are aware that one of the items in the PPACA (Patient Protection and Affordability Care Act) offers a rebate to the seniors who enter the doughnut hole with their prescription drug coverage in 2010. Last week, the Obama Administration announced that the $250 rebate checks are [...]
Are you prepared for your client’s phone call asking you to explain the changes to Medicare Supplements as of June 1st? Remember, 10,000 baby boomers turn 65 each day for the next 20 years, so don’t miss this business opportunity!