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Medicare’s triple triumph: Deaths, hospitalizations and costs fall

Posted on 09/25/2015

The Medicare program has scored three remarkable achievements, concerning dramatic drops in the rates of deaths, hospitalizations and costs. Specifically, 1999 and 2013, the rate of deaths among Medicare patients dropped by 16 percent. In terms of hospitalizations, during the same time period, rates for Medicare patients fell by 24 percent. Finally, the costs for these hospitalized patients fell by 15

Medicare hold harmless clause and COLA

Posted on 09/25/2015

While the Obama Administration has yet released its 2016 Medicare Part B costs. But due to a Social Security provision, known as the hold harmless rule, about 30 percent of Part B enrollees may face premium increases. Typically, those who have claimed Social Security benefits and receive Medicare must, by law, have their Part B premiums withheld from their Social

Good news abounds for Medicare Part C and Part D

Posted on 09/24/2015

The Centers for Medicare & Medicaid Services (CMS) has revealed a wealth of good news for Medicare Part C (also known as Medicare Advantage, or MA) and Medicare Part D (Prescription Drug Plans, or PDPs). First, the agency expects premiums for both MA Plans and PDPs to remain stable in 2016. A larger number of enrollees should also have access

2016 Medicare Rate Changes

Posted on 09/24/2015

The 2016 Medicare Open Enrollment Period (OEP) begins on Oct. 15. Overall, 2016 prices are expected to remain stable. But when comparing costs, this is really a discussion of Part B (medical insurance) and Part D (Prescription Drug Plans). Most enrollees don’t have to pay for Part A (hospital insurance). But for those who do, prices should be the same

Changes to Medicare for 2015

Posted on 09/17/2014

As a Medicare beneficiary, you probably know that staying on top of the latest changes to Medicare can be overwhelming and frustrating. Packed with government jargon and complicated terms, the annual notice published by the Centers for Medicare & Medicaid Studies describes the key changes to the Medicare program each year. For 2015, the CMS also has to implement changes