Health & Human Services is attempting to make it easier for Medicare patients to view and understand the prices for procedures from hospitals. This change will hopefully be achieved through updates to Medicare payment rules, essentially how Medicare pays hospitals. For more information please see The Washington Post.
Monthly Archives: April 2018
Currently plans on the WA Healthplanfinder come with a monthly carrier fee of $7.46. Starting with all 2019 plans this fee will be reduced to $3.46. The reduction in this fee is attributed to the record number of people who signed up for individual plans for 2018 as well as changes in operations. For more… Read more »
The Centers for Medicare & Medicaid Services (CMS) disclosed recently that it plans to reduce its support of the ACA Federal Exchanges in 2019 and move funding to states. First Congress must repeal the ACA. For more information please see Fierce Healthcare.
The Trump Administration has issued new rules regarding the ACA Individual Mandate that take effect immediately. (The repeal of the Individual Mandate will not take place until 2019.) The new rules include a hardship exemption as well as an exception for those who oppose abortion where the only plans offered cover the procedure. For more… Read more »
A provision included in the budget deal passed earlier this year includes a change to how much of a discount drug companies must give Medicare participants. Currently Medicare participants receive a 50% discount, the provision boosts this to 70%. For more information please see Bloomberg News.
11.8 million people enrolled in ACA plans for 2018, down only 400,000 from 2017. First-time enrollment was down 4%. In states like WA that run their own exchanges, the enrollment remained the same from 2017. These numbers come as a surprise to some since the open enrollment window was cut in half and federal outreach… Read more »