While just about everyone in Washington has a solution, four proposals in consideration seek to modify Medicare Supplement coverage as a way to reduce spending.
- The Congressional Budget Office (CBO) proposal
- The Simpson-Bowles Commission proposal
- The Coburn-Lieberman proposal
- The Medicare Payment Advisory Commission (MedPAC) recommendation
To be true, it’s unlikely any plan will become effective in the near future, but each is worth understanding. And who better to help than Ann Frohman — a 20-year NAIC veteran and publisher of the new “The FLO on Medigap” newsletter.
Frohman is Government Relations and Regulatory Counsel of Frohman Law Office and former Director of Insurance for the State of Nebraska. “The FLO on Medigap” newsletter summarizes each proposal, breaking them down one-by-one.