PPACA continues to have a ripple effect concerning health care coverage not only for employees but for seniors as well. Historically, someone who is enrolled in Medicare Parts A and B is given an Annual Open Enrollment Period(AEP) from 11/15 to 12/31 to make changes to their Medicare coverage by either enrolling in a Medicare …
Closing the Coverage Gap – The 2011 Affordable Care Act Made Easy
Closing the Coverage Gap – The 2011 Affordable Care Act Made Easy > What is the coverage gap, and how will a member know when they have reached it? Some Medicare drug plans have a coverage gap. This means that after a member and the insurance carrier have spent $2,840 for covered drugs, the beneficiary …
Medicare Part D Changes
Health Care Reform continues to generate good and bad news for consumers. The good news: in 2013 there is a provision for a Federal subsidy of 25% on brand name drugs. However, this subsidy is tempered by the continued increase in drug costs. In 2011, brand name drugs will be discounted 50% when reaching the …
