by Carrie Haubensak | Jan 19, 2023 | Insurance Industry, Medicare
A key Medicare panel recommended a 1% increase to hospital Medicare payments for 2024 as well as a 1.25% bump for doctors coupled with add-ons to safety-net primary and specialty care providers. The Medicare Payment Advisory Commission (MedPAC)—a panel that makes...
by Carrie Haubensak | Dec 16, 2022 | Medicare
Health spending grew by 2.7% in 2021, reaching $4.3 trillion, according to new data from the Centers for Medicare & Medicaid Services (CMS). CMS’ annual National Health Expenditures report shows health spending grew at a much slower rate last year than in...
by Carrie Haubensak | Dec 8, 2022 | Medicare, news
The Affordable Care Act (ACA) Marketplace enrollment continues to move at a fast pace–nearly 5.5 million people have selected an Affordable Care Act (ACA) Marketplace health plan nationwide since the start of the 2023 Marketplace Open Enrollment Period (OEP) on...
by Carrie Haubensak | Nov 11, 2022 | Medicare, news
During the Medicare open enrollment period from October 15 to December 7 each year, beneficiaries can enroll in a plan that provides Part D prescription drug coverage, either a stand-alone prescription drug plan (PDP) for people in traditional Medicare, or a Medicare...
by Carrie Haubensak | Nov 3, 2022 | Insurance Industry, Medicare, Medicare Advantage, Medicare Supplement, news
For 3rd quarter 2022, CVS Health reported Medicare Supplement member in-force counts of 1,345,000, up 31,000 from 2nd quarter 2022 and 103,000 over the past 12 months. The 103,000 increase in membership in the past 12 months is down more than 55% from the membership...
by Carrie Haubensak | Nov 3, 2022 | Insurance Industry, Medicare, Medicare Advantage, Medicare Supplement, news
Humana reported 3rd quarter 2022 Medicare Supplement lives of 316,500, down 0.3% from the result at 2nd quarter 2022 and a 4.7% decrease compared to 3rd quarter 2021. The table below shows Humana’s Medicare Supplement enrollment counts by quarter since 1st quarter...
