IFAwebnews » Medicare

Towers Watson boosts Medicare offerings with $435M Extend Health deal

IFAwebnews Staff — Mon, 14 May 2012 13:49:59 +0000

Towers Watson, a professional services company based in New York, is acquiring Extend Health, which operates the largest private Medicare exchange in the U.S., as it seeks to expand its retirement services offerings.

Towers Watson boosts Medicare offerings with $435M Extend Health deal via IFAwebnews.

Enjoying the two-way street offered with each Medicare enrollment

Craig Lordigyan — Mon, 07 May 2012 12:30:17 +0000

As an insurance agent for the past 15 years, I have never been more satisfied with my job of helping our seniors maneuver through the enrollment process of Medicare.

Enjoying the two-way street offered with each Medicare enrollment via IFAwebnews.

New York brings back pharmaceutical co-pay cap for seniors

Jaime L. Brockway — Fri, 20 Apr 2012 11:42:43 +0000

New York State's 2012-2013 budget restored $30.6 million to the Elderly Pharmaceutical Insurance Coverage (EPIC) program that helps low- and moderate-income seniors pay for medications not covered by Medicare.

New York brings back pharmaceutical co-pay cap for seniors via IFAwebnews.

Florida firm pays $137M to settle false claims, ‘cherry picking’ case

Jaime L. Brockway — Wed, 11 Apr 2012 12:13:36 +0000

A Tampa, Fla.-based managed care services provider will pay $137.5 million to the federal government and nine states to settle four lawsuits accusing the company of violating the federal False Claims Act.

Florida firm pays $137M to settle false claims, ‘cherry picking’ case via IFAwebnews.

With reform, ‘substantial differences’ in health spending to continue

Bob Graham — Wed, 29 Feb 2012 12:36:33 +0000

The sickest people using the U.S. health care system, as health reform continues to take hold, will have their treatment and utilization paid by those who are healthy, a new report affirms.

With reform, ‘substantial differences’ in health spending to continue via IFAwebnews.

Baby boomers prolong retirement until Medicare eligible

Jaime L. Brockway — Tue, 28 Feb 2012 00:41:14 +0000

Many middle-income baby boomers are waiting to retire until they are eligible for Medicare, yet more than half admit to knowing little or nothing about the program, a new study says.

Baby boomers prolong retirement until Medicare eligible via IFAwebnews.

Commercial insurers, Medicare paying 5.28% more for health services

IFAwebnews Staff — Thu, 16 Feb 2012 14:21:26 +0000

Health care services paid by commercial insurance and Medicare programs cost 5.28% for the year ending Dec. 31, 2011, according to the S&P Indices.

Commercial insurers, Medicare paying 5.28% more for health services via IFAwebnews.

Highmark sells its Medicare unit to Florida-based Blues company

Jaime L. Brockway — Thu, 15 Dec 2011 09:58:12 +0000

A Jacksonville, Fla.-based Blue Cross/Blue Shield insurance subsidiary agreed to acquire Pittsburgh, Pa.-based Highmark's Medicare subsidiary.

Highmark sells its Medicare unit to Florida-based Blues company via IFAwebnews.

Cantor offers unexpected praise for Obama’s Medicare nominee

IFAwebnews Staff — Wed, 30 Nov 2011 12:01:55 +0000

U.S. House Majority Leader Eric Cantor (R-Va) says President Obama's Medicare nominee, Marilyn Tavenner, is “eminently qualified” to run the federal program.

Cantor offers unexpected praise for Obama’s Medicare nominee via IFAwebnews.

Obama, Congress just don’t understand realities of Medicare

Ross Schriftman — Sun, 06 Nov 2011 02:20:57 +0000

Under Obamacare Americans who don’t buy health insurance will be penalized with an extra tax. Now the Obama Administration has come up with a proposal that if you buy too good of an insurance plan as a senior citizen you will also be penalized. Obama wants to charge Medicare beneficiaries an extra 30% on top of their Part B premiums if they purchase Medicare supplemental insurance that covers their deductibles and copays. If passed this will become effective for policies purchased in 2017 or later.

Obama, Congress just don’t understand realities of Medicare via IFAwebnews.