Helping Teens Battle ObesityTwo of the most popular Medigap plans, "F" and "C," will no longer be offered for sale in 2020. "While individuals enrolled in these plans may keep their plans, we are concerned that premiums for these plans could rise significantly without younger and healthier new enrollees to spread the costs in those plans," Johnson says..But the financial impact of immigration reform on Social Security remains in question. As of June 30, 2013, no government estimate of the long-term impact on Social Security has been made public. It is not yet known whether the House bill will contain similar provisions to protect Social Security..In a letter to Marilyn Tavenner, the Acting Administrator of CMS, the Medicare Payment Advisory Commission warned that some of the health plans don't have the experience to manage the full range of benefits required by dual eligibles or the capacity to serve large numbers that would be automatically transferred into the plans en masse at the beginning of the program. … Continued
Infographic Employer Responsibility Under The Affordable Care Act"Medicare is also in the cross - hairs for massive changes," Johnson says. The budget resolution stipulates major changes that would focus Medicare on a system of private insurers, and provide beneficiaries with premium subsidies to shop for their own health insurance. A Congressional Budget Office report has found that similar proposals in the past would shift a growing portion of costs to older Americans. In that 2013 report, the CBO estimated that Medicare beneficiaries' premiums would be about 30 percent higher by 2020 than under current law..This estimate is still just that - an estimate. The 2020 COLA is based on CPI data through September 2019 and won't be announced until October. Inflation could start going up again, but with the first five months of data so low, we are likely to see another low COLA in 2020..MA plans include Part D and other benefits: Nearly 90% of MA plans come with drug coverage and often include some additional benefits. Before switching it's important to check the MA plan coverage for the drugs you currently take and compare that coverage with your best Part D drug plan choice. If you haven't checked your Part D plan choices recently you may have less costly choices for stand-alone drug plans. The best way for you to compare MA plan and drug plan choices is to do a drug plan comparison based on the drugs you take using the drug plan finder on Medicare's website. … Continued
