by Carrie Haubensak | Oct 16, 2024 | Insurance Industry, Medicare Advantage
Weighted by enrollment, about 62% of current beneficiaries are enrolled in MA plans with prescription drug coverage that will have four or more stars next year, compared with about 74% in 2024, according to the CMS. Only seven MA plans with drug coverage earned five...
by Carrie Haubensak | Oct 16, 2024 | Insurance Industry, Medicare, Medicare Advantage, Medicare Supplement
Medicare Supplement market leader United Healthcare (UHC) released 3rd quarter 2024 financials on October 15th, reporting a 5,000 increase in Medicare Supplement lives in the 3rd quarter. The UHC enrollment table below features Standardized and Modernized policy...
by Carrie Haubensak | Oct 11, 2024 | Insurance Industry, Medicare Advantage
A comparison of number of MA, MAPD, and PDP plans available in 2025 compared to 2024. CMS has released the Crosswalk and Landscape files for the upcoming 2025 plan year for Medicare Advantage and Part D. These publicly available files that are released every October...
by Carrie Haubensak | Oct 11, 2024 | Insurance Industry, Medicare Advantage
The Centers for Medicare & Medicaid Services (CMS) released a list of prescription drugs it hopes to include in its new Medicare $2 Drug List Model, the agency announced. Designed to limit out-of-pocket costs, the plan caps a generic drug’s monthly price at $2....
by Carrie Haubensak | Oct 11, 2024 | Insurance Industry, Medicare Advantage
One of the key selling points of Medicare Advantage is the supplemental benefits plans can offer, especially extending coverage for dental, vision and hearing care that the traditional program doesn’t have. However, a new study published in Health Affairs finds...
by Carrie Haubensak | Oct 11, 2024 | Insurance Industry, Medicare, Medicare Advantage
7% of the Medicare Advantage market is losing their plan in 2025 The purpose of this post is to lay out opportunities in the MA, MAPD markets revealed in the Crosswalk and Landscape files released by CMS. Specifically, we will be looking at current enrollment...