As Avik Roy put it – ”In 1965, government experts projected that in 1990, on an inflation-adjusted basis, Medicare would cost $12 billion. In reality, Medicare in 1990 cost $107 billion. Oops.” This is still happening today, Medicare advantage programs are pushing their recipients to get tests and go for visits that they don’t need (numbers [...]
Recent reports of the health care costs of retirement are staggering. Some estimates say that a retired couple who is not on an employer-sponsored benefit plan can expect to spend an average of $240,000 on health care during their retirement phase of life. Keep in mind these estimates are based on what some people typically [...]
While they may be advocating a similar target rate for curbing federal spending on Medicare, a closer look at Obama, Ryan, and how Medicare beneficiaries will be affected by their plans reveals some concrete differences. In the article below, posted on gantdaily.com, find out how you might be affected should one or the other plan be pushed through. A Closer Look [...]
Typically, the country is split right down the middle in political affairs. People tend to lean toward one party or the other when it comes to their voter support. However, if you are paying close attention to ad campaigns, you will soon see that within the parties themselves, it is not so black and white [...]
Like the name says, a Medicare Special Needs Plans is a unique type of Medicare Advantage Plan (Part C) designed to provide specialized care for patients suffering from specifically listed terminal or chronic illness, including chronic alcohol and drug dependence. Although it is possible that other illnesses will be considered under a particular plan, these [...]
We certainly have a lot of advocates out there, standing up for our rights to affordable healthcare, but can we really believe what they say? How do their actual voting records stand up to what they have promised? While, we are not taking one side or the other, at some point the question “is the [...]
As the Obama administration’s health care plan comes under fire, administration officials warn that Medicare payments might be disrupted, causing havoc for both patients and doctors. In an AP article posted on yahoonews.com, written by RICARDO ALONSO-ZALDIVAR, we take a look at what could happen to Medicare if Obama health care law is overturned. What Could [...]
Now, doctors and hospitals treating specialty care patients will be spared extra ordering rules and referring rules in order to ensure that that patients enrolled in Special Needs Plans can receive treatment without delay. Charles Fiegl, writing for AmericanMedicalNews.com explains the details of the new rules in the article below. Specialty Care Patients Will Be Spared [...]
The baby boomers are starting to reach their golden age – what was supposed to be a time where they can finally settle down and relax – but as the time draws near, health care costs are a big concern for upcoming retirees. In an article written by Christine Dugas, writing for usatoday.com, we hear the details [...]
In a press release posted on http://www.marketwatch.com, it was announced that New Century Health will provide Specialty Care to Simply Healthcare Medicare Members. The agreement with New Century Health will give network providers both clinical support and advanced technology necessary to ensure better quality and better efficiency in cancer and cardiac care. Read the press release [...]
