2017 Medigap Plans

Information On 2017 Medigap Plans Reforms have been made by policymakers with regards to medicare insurance (Medigap) and have been looking to seek the appropriate date to launch the changes. These changes are going to come during 2017 to ensure the coverage is in place as required legally. Let’s assess what the 2017 Medigap plans are all about and what they are going to entail for policyholders. It is important to understand the nuances at play prior to making a decision as to how beneficial the plans will be and the value they bring into one’s life in general. Part A...

Posted notice in the Federal Register on...

A notice was posted in the Federal Register on February 16 by the CMS. This stated that is comments about CMS-484 Attending Physicians’ Certification, Medical Necessity for Home Oxygen Therapy as well as supporting Regulations, MAC Durable Equipment Medicare Administrative Contractors, regional Carrier and Certificate of Medical Necessity and Supporting Documentation, Rate Increase Disclosure and Notices, as well as Record keeping Requirements all due by April 19, th.

No Documentation and Identifying medical...

CMS has withdrawn Transmittal 1483 which was dated Mrch 31, 2015. They replaced this with Transmittal 1625. This is to make it consistent with the direction given to CR 9215. More specifically this updates BR 8913.2. All additional info remains the same. Originally allowance provided a Recovery Audit specific, no documentation reason “code” for the MAC’s to attach to a prepayment claim denial.

Partial fix for Medicare Part B, Congres...

Less and less time available for Congress to stop a 52% percent premium increase. This will affect about 30 percent of the enrollees next year for Medicare Part B. A sprawling 2 year budget deal is included as a partial fix. Suspending the debt limit according to a house source until March 17. Some are reporting a tentative budget deal. Part B participants facing a increase would pay about 14 percent more next year rather than 52 percent of the premium. A $3.00 per month premium surcharge would be paid over five years as a fix.

Will the Unfortunate Millions Be Paying ...

A fluke in the laws that are governing the Medicare and the Social Security will leave Americans open and vulnerable to a fifty % percent premium increase in the Medicare part that covers doctors’ bills, also known as Medicare Part B. If Congress doesn’t pass legislation protecting low and middle income people who will be unable to pay that much for the increase. Premium payments have to cover 25 percent of projected costs for Part B. The difference as this rise and fall of premiums happens will be deducted from Social Security payments each month. However, the amount can...