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Healthcare Insurers Respond To New Payme...

  Medicare health insurers express satisfaction with the  first announcement of  the payment rate increases for the new 2017 Medicare Advantage Plan.                   The larger rates for enrollees mean larger payments for insurers, and is an indicator that payment cuts that had been enforced under the Affordable Care Act, also known as Obamacare, are a thing of the past. One of the main components used by the federal government to calculate the lump sum payments to Medicare Advantage Plan insurers, the “fee for service” rate, is slated to rise by 3.1% in...

More Savings In The Drug Coverage Gap Co...

More Savings, Through 2020, In The Drug Coverage Gap. The 55% discount a beneficiary receives on brand-name prescription drugs covered by Plan D, will be added to the coverage gap percentage savings (Medicare prescription drug coverage) and will gain through 2020. Note: You’ll pay 25%, in 2020, for covered generic drugs and also for brand-name drugs, during the gap, it will be the same percentage you will pay from the moment the deductible is met, (if your plan has one) until the out-of-pocket spending limit is realized. The coverage-gap percentage...

Congressional Budget Deal Prevents Huge ...

16 million Medicare beneficiaries were facing a 52 percent increase next year in their premiums for Medicare Part B, but the Budget Deal worked out by the White House and Congress, held that to a 15 percent increase. Most beneficiaries have a “hold harmless” provision, which ensures that Social Security will not be reduced when Medicare Part B premiums increase. If inflation remains flat and the Social Security cost-of-living adjustment is zero, then we have a repeat of the fix in 2017 with most Medicare beneficiaries paying the same $104.90 monthly premium...

Medicare 2017 Will See Payments Cuts To ...

New Congressional budget agreement will make it more difficult for American seniors to find physicians and other health care providers in 2017. The Congressional budget agreement of 2015 proposes that over a two year period, a $80 billion raise in spending, and an emergency war fund increase of $32 billion, would be offset by Medicare 2016, and Medicare 2017 spending cuts, and cuts in Social Security benefits extended over the same two years. The Medicare 2017 savings would come from payment cuts to health care providers and doctors, leaving Medicare beneficiaries...

Increasing Costs For Medicare 2017, Incr...

As dictated by ObamaCare, (Patient Protection and Affordable Care Act), by 2017, Part B premiums, for seniors, will increase to $128.00, and there will be a rise in Part B deductibles to $180. There will be an increase to $1,336, in the Medicare hospital deductible for senior citizens, and at the same time, an increase to $334 for their daily hospital coinsurance. If senior citizens are hospitalized for more than 90 days, ObamaCare dictates an increase to $668 in their per diem coinsurance costs, during 2017 enrollment dates. These and other ObamaCare enforced Medicare...
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