To be a Medicare Agent's source of information on topics affecting the agent and their business, and most importantly, their clientele, is the intention of this site. Sourced from various means rooted in the health insurance industry - insurance carriers, governmental agencies, and industry news agencies, this is aimed as a resource of varying viewpoints to spark critical thought and discussion. We welcome your contributions.
Wednesday, October 31, 2018
CMS this month said major changes may be ahead for...
...Medicare
Part D's catastrophic coverage rules, shifting drug costs from the federal
government to private insurers when Part D members reach a $5,000 out-of-pocket
limit for drug costs. The Trump administration's 2019 budget includes a
proposal to increase the private insurer's risk from 15% to 80% of members’
negotiated retail drug cost. Humana Inc. holds the largest Part D market
presence of insurers that also provide medical benefits, at 4,857,992 lives.
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