Thinner benefits and coverage changes await many older Americans shopping for health insurance this fall. That’s if their plan is still available in 2025.
Thinner benefits and coverage changes await many older Americans shopping for health insurance this fall. That’s if their plan is even still available in 2025.
Insurance agents say the distraction of the election adds another complication to an already challenging annual enrollment window that starts next month.Companies back away from Oregon floating offshore wind project as opposition grows He noted that market exits can be particularly hard on people with several doctors and on patients with cognitive trouble like dementia.
Plans that don’t leave markets may raise deductibles and trim perks like cards used to pay for utilities or food. The Centers for Medicare and Medicaid Services said Friday that premiums for these plans will decrease about 4% on average to $40 next year. The changes come as a congressional-approved coverage overhaul takes hold. Most notably, out-of-pocket drug costs will be capped at $2,000 for those on Medicare, an effort championed by Democrats andKFF’s Neuman noted that the cap on drug costs will be especially helpful to cancer patients and others with expensive prescriptions. She estimates about 1.5 million people will benefit.
Prescription Drugs Kamala Harris Health Care Costs Joe Biden Access To Health Care General News Financial Services Health Humana Inc. Medicare Health Care Industry CVS Health Corp. F Medical Research Washington News Business A Washington News
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
More Than 500,000 Americans Set to Lose Their Medicare Advantage PlansRoughly 560,000 members will need to find a new plan.
Read more »
Senior living: Feds killed plan to curb Medicare advantage overbilling after industry oppositionA nixed plan to curb Medicare advantage overbilling is at the center of a Justice Department civil fraud case.
Read more »
Will Big Health Insurers Expand 2025 Medicare Advantage Footprints?Bruce Japsen has written about healthcare business and policy for three decades. He has covered the rise, fall and rise again of health reform, chronicling trends that include the influence of Bill and Hillary Clinton to Barack and Michelle Obama from Chicago where he's based.
Read more »
Does Medicare Advantage Offer Higher Value Chemotherapy?Researchers used national Medicare data to look at Medicare Advantage enrollment and treatment patterns for patients with cancer receiving chemotherapy.
Read more »
Seniors May See Huge Increases to Medicare Advantage CostsMedicare Advantage and Part D plans are set to experience significant updates, and it's a mixed bag of news for seniors.
Read more »
Seniors to Lose Health Care Plan After Medicare Advantage ChangeIf affected, seniors should receive a letter alerting them about the next steps and how to enroll in a new plan.
Read more »