Over the past 25 years, Medicare Advantage (MA) has consistently penetrated the Medicare marketplace. While its penetration growth has been notably measured in the past 10 years, rising just 1.5 percentage points annually, L.E.K. Consulting doesn’t expect it to stop anytime soon.
The Louisiana Department of Insurance urges consumers to recognize the beginning of Medicare Open Enrollment by reviewing their coverage or selecting new coverage. If you are over 65 or otherwise eligible for Medicare, now is the time to review your coverage and benefits and make decisions about your plan for the coming year. Medicare Open Enrollment begins October 15, 2019 and ends December 7, 2019 for enrollment in 2020 plans.
Starting October 15 and ending December 7, Medicare beneficiaries will have a chance to change plans or stick with their existing coverage. Because plan costs and benefits change often, it is important for consumers to evaluate all their options each year. Read the full article on CBS News.
In a major step in Apple’s push to market its Apple Watch as a health and fitness device, a private Medicare insurer is now subsidizing the cost of the Watch for its members, as first reported by CNBC. Read the full article on The Verge.
Many of your retired or soon-to-be retired clients probably think of enrolling in Medicare as a once-in-a-lifetime event that's timed to coincide with their retirement date and Social Security claiming decisions. But such a set-it-and-forget-it attitude about health care coverage options in retirement can be a costly mistake. Read the full article on Investment News.
Get Contracted With Multiple Carriers