The History of (COBRA)

The History of (COBRA) The Consolidated Omnibus Budget Reconciliation Act (COBRA) stands out as a monumental piece of American legislation in the realm of healthcare. Its journey through conception, enactment, and subsequent evolution presents a captivating narrative of addressing health coverage gaps and navigating political landscapes. Origins: The seeds of COBRA were sown in the…

LTC Insurance

Medicare Advantage when Compared to Original Medicare

Medicare Advantage when Compared to Original Medicare A recent study conducted by Harvard Medical School and Inovalon indeed suggests that Medicare Advantage plans may offer higher quality of care compared to Original Medicare in certain aspects. Here’s a breakdown of the key findings: Lower Readmissions and Preventable Hospitalizations: The study found that Medicare Advantage enrollees…

Medicare employers

Medicare and Employer Coverage

Medicare and Employer Coverage If you’re working after age 65 and have health insurance through your employer, you might be wondering how it works with Medicare. The good news is that you can have both Medicare and employer coverage, and they can work together to provide you with the comprehensive healthcare coverage you need. Here’s…

Medicare Open Enroll

2 Days Left for Medicare Open Enrollment!

2 Days Left for Medicare Open Enrollment! Medicare Open Enrollment is your chance to review your current Medicare coverage and make changes for the following year. This includes: Switching Medicare Advantage plans Adding or dropping Medicare Part D prescription drug coverage Joining a Medicare Advantage plan for the first time The Open Enrollment period for…

Only 6 Days Left to Enroll for Medicare

Only 6 Days Left to Enroll for Medicare Don’t Miss Out on Your Coverage! If you’re eligible for Medicare, you have only 6 days left to enroll in Part B and Part D coverage. This is the final chance to enroll in these plans for 2024. If you miss the deadline, you’ll have to wait…

cigma

Cigma & Humana Merger

Cigma & Humana Merger Cigna and Humana are two of the largest health insurance companies in the United States. In December 2022, they announced plans to merge, creating a company with over 150 million members and $200 billion in annual revenue. The merger is expected to close in 2023, pending regulatory approval. Benefits of the…

Ozempic Could Face Medicare Drug Price Negotiations

Ozempic Could Face Medicare Drug Price Negotiations Ozempic, a popular injectable medication for type 2 diabetes, is likely to be subject to Medicare drug price negotiations in the near future. The Inflation Reduction Act, passed in 2022, empowered the federal government to negotiate the prices of up to 10 high-cost Medicare Part B drugs starting…

Medicare Christmas

Medicare Must-Do Before the Holidays

Medicare Must-Do Before the Holidays The holidays are a time for family, friends, and good cheer. But they can also be a time of stress, especially for those on Medicare. With so many things to do, it can be easy to forget about your Medicare coverage. That’s why it’s important to take some time before…

Zelizer-Medicare

The History of Medicare

The History of Medicare Medicare is a federal health insurance program for people aged 65 and over, as well as people with certain disabilities. It was signed into law in 1965 by President Lyndon B. Johnson. Medicare is the largest health insurance program in the United States, covering over 63 million people. The History of…

Medicare group

Group Medicare: An Alternative to Traditional Medicare

Group Medicare: An Alternative to Traditional Medicare Medicare is a health insurance program for people ages 65 and older, as well as people with certain disabilities. It is a federal program, but it is administered by private insurance companies. There are two main parts of Medicare: Part A: Hospital insurance Part B: Medical insurance Medicare also offers…