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OIG: Medicare paid new hospitals 3 times more than older facilities for capital costs

by Carrie Haubensak | Aug 19, 2021 | Medicare, news

Medicare has been paying new hospitals three times the amount these facilities would have received if their capital costs were handled through the standard Inpatient Prospective Payment System (IPPS), according to a recent Office of Inspector General audit. Over a...

Part D premiums projected to increase nearly 5% in 2022 to $33

by Carrie Haubensak | Aug 10, 2021 | Medicare, news

The average Part D premium is projected to increase by nearly 5% from $31.47 to $33 in 2022. Thursday’s announcement comes as Congress and the Centers for Medicare & Medicaid Services are making moves to address drug prices on Part D, the program’s prescription...

CMS finalizes $2.3B pay bump for hospitals in federal fiscal 2022

by Carrie Haubensak | Aug 5, 2021 | Medicare, news

The Biden administration has finalized a rule that gives hospitals an overall $2.3 billion for the 2022 fiscal year that begins in October and scraps a proposal for hospitals to disclose Medicare Advantage rates. The final Hospital Inpatient Prospective Payment...

Millions of Medicare Part D Enrollees Have Had Out-of-Pocket Drug Spending Above the Catastrophic Threshold Over Time

by Carrie Haubensak | Aug 5, 2021 | Medicare, news

Medicare Part D, the outpatient prescription drug benefit for Medicare beneficiaries, provides catastrophic coverage for high out-of-pocket drug costs, but there is no limit on the total amount that beneficiaries have to pay out of pocket each year. Medicare Part D...

Medicare and Dental Coverage: A Closer Look

by Carrie Haubensak | Jul 29, 2021 | Dental, Medicare, news

Dental benefits are not generally covered by Medicare, except under limited circumstances, and many people on Medicare do not have any dental coverage at all. Some Medicare beneficiaries have access to dental coverage through other sources, such as Medicare Advantage...

MedicareLIVE! 2021 Virtual Conference

by Carrie Haubensak | Jul 28, 2021 | Insurance Industry, Medicare, news

MedicareLIVE! returns — bigger and better than before! This is the premier insurance event to prepare you for AEP and make a huge difference to your business. This one-day virtual conference features the top names and experts in health insurance. Learn insights and...
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