5/17/09 – Editor’s Note: Since I blogged on this back on April 4th, 2 more companies have made similar announcements. See Coventry and WellCare blog posts. Thanks to Rick and John for advising me of this! This was an “agent use only” announcement, so I won’t name the company, but I think this is an [...]
Archive for April 4th, 2009
First Medicare Advantage Carrier Announces Discontinuation of Private Fee for Service (PFFS) plans in 2010
Posted in Medicare Advantage, News on April 4, 2009 | 3 Comments »
BCBS of Michigan Files for Medigap Rate Increase
Posted in Medicare Supplement, Michigan on April 4, 2009 | 1 Comment »
This is from the Detroit News. BCBSM is requesting a substantial increase of 31% on their individual Medgap Plans. This is only a filed request and HAS NOT been approved. They have competitively priced plans A and C (Community Rated). They also have 209,000 Medigap members in Michigan. The last time they requested a rate increase was [...]
Comments on 2010 CMS Call Letter
Posted in CMS, Medicare Advantage, News on April 4, 2009 | 9 Comments »
The Call Letter is issued by CMS each year to assist Managed Care Organizations (MCO’s) in preparing their bids. The complete letter can be found HERE. I’ve reviewed the letter and summarized my thoughts below on what’s relavant to the insurance agent. The comments are simply in the order as they appear in the Call Letter. I’ve noted the page [...]