Right now - we are not seeing a huge impact. There is some back-end billing process changes, coding changes, payment changes - which actually went up by about 3%.
Right now - the Medicare Advantage plan and the Medicare Supplement are going strong and working pretty much as normal. However, in all the hoopla, there are some doctors not wanting to accept Medicare Advantage plans as a billing option. Which, in my opinion, seems strange because payments have gone up by the 3%. I would love to hear the doctors side on this.
I have not had any clients call with any huge concerns or shifts in coverage.
Belinda
www.myseniorventure.com/answers
So far the changes have been back-end changes. Billing process, coding process, payment changes - which actually has gone up by 3%. Medicare Advantage plans and Medicare Supplement plans are still going strong, however, some doctors do not want to accept the Advantage plan billing. I would like to hear the doctors side on this.
The donut hole has been revised a bit - to the benefit of the enrollee.
We shall see what unfolds in the next few years.
Belinda
Senior Commercial and Annuity Specialist, Freedom Brokers, Marion, Carbondale, Harrisburg IL
Unlike the local coffee shop, Medicare answers and rules changes don't come quickly. Trying to know what the government will do in the future is difficult at best. With the 2016 rules already established and disseminated by CMS to the insurance companies, our current president will have little to say through the end of 2016 for his tenure. So changes, if any, will be in 2017. Unless there is a "Black Swan" Event, Mr. Obama will no longer be in office, and we look for guidance to the new administration, whomever it may be.
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Right now - the Medicare Advantage plan and the Medicare Supplement are going strong and working pretty much as normal. However, in all the hoopla, there are some doctors not wanting to accept Medicare Advantage plans as a billing option. Which, in my opinion, seems strange because payments have gone up by the 3%. I would love to hear the doctors side on this.
I have not had any clients call with any huge concerns or shifts in coverage.
Belinda
www.myseniorventure.com/answers
The donut hole has been revised a bit - to the benefit of the enrollee.
We shall see what unfolds in the next few years.
Belinda