The Senate approved a 6 month fix, but the House is yet to pass this, so the 21% cut will go into effect. Assuming the House passes this, I believe the payments will be restored back to June 1st, 2010. Here is a report on the story.
Archive for June, 2010
Senate Approves 6 Month Doc Fix for Medicare Physicians Fee Schedule
Posted in Uncategorized on June 18, 2010 | Leave a Comment »
Insurance Product Trainging – June 21st – June 25th
Posted in About Ritter Insurance Marketing, Aetna, All, Baltimore Life, Education/Training, Final Expense Life, Genworth Companies, Genworth Life Insurance Company, Individual Major Med, Long Term Care, Medicare Advantage, Medicare Supplement, Molina Medicare, States, United Health Care on June 18, 2010 | Leave a Comment »
This week a number of senior and individual insurance product trainings are available. Expand your knowledge in Medicare Supplement, Medicare Advantage, Final Expense and Individual products and in return grow your business. Registration is “one click” away at Ritter Insurance’s “Event’s Calendar”! (You must be logged in to register!) Monday, June 21st; Molina Options Plus Special Needs Plan and MAPD will be [...]
Tax Extender Bill Fails in the Senate – June 16, 2010
Posted in CMS, News on June 16, 2010 | 1 Comment »
The Tax Extender bill is the bill which would fix the Doctor’s Fee Schedule for Medicare payments. The bill which failed would have added $80 Billion to the deficit. Moderates are getting concerned about the size of the debt, so the Senate is looking to scale this down a bit. Finance Committee Chairman Baucus is [...]
Amendment to Financial Services Bill Would Give Health and Human Services Regulatory Authority over Long Term Care Insurance
Posted in All, Long Term Care, News on June 16, 2010 | 1 Comment »
This story is followed by the National Underwriter. The Financial Services bill is in conference right now. Rep Waxman offered the amendment which would cover Long Term Care insurance which was accepted in conference.
Administration Instructs CMS to Hold Processing on Medicare Physician Billings until Friday, June 18th
Posted in CMS, News on June 14, 2010 | 2 Comments »
Thanks to Jim for the heads up on this! This came from The Hill online. Initially, CMS was asking contractors to hold payment processing for 10 days, but that will expire tomorrow and there is no Medicare Physician Fee Schedule Fix in sight. The administration asked CMS to extend this to Friday in hopes that [...]
Inside Edition Investigates Sales Tactics Of Some Bankers Life and Casualty Agents
Posted in Insurance Companies, Medicare Supplement on June 14, 2010 | 6 Comments »
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Medicare Physician Fee Schedule Cut Looking Likely
Posted in All, CMS, News on June 14, 2010 | 1 Comment »
This would be a first, but it appears that Congress will not act in time to avert a 21% cut in the Medicare fee schedule for Physicians which technically went into effect on June 1st. Here is the story from the Washington Post. CMS asked contractors to hold claims for 10 days to allow Congress [...]
Insurance Product Training – June 14th – June 18th
Posted in All, Baltimore Life, Coventry, Education/Training, Final Expense Life, Genworth Companies, Genworth Life Insurance Company, Insurance Companies, Insurance Products, Lead Programs, Medicare Advantage, Medicare Supplement, Molina Medicare, States, United Health Care on June 14, 2010 | Leave a Comment »
This week a number of senior insurance product trainings are available. Expand your knowledge in Medicare Supplement, Medicare Advantage, and Final Expense products and in return grow your business. Registration is “one click” away at Ritter Insurance’s “Event’s Calendar”! (You must be logged in to register!) Monday (June 14th), Genworth Products webinar training on Final Expense and 2010 Medicare [...]
Cigna May 2010 Private Fee for Service Medicare Advantage Enrollment Data by State and by County
Posted in All, Cigna on June 13, 2010 | Leave a Comment »
This comes from the CMS enrollment figures for Medicare Advantage plans. Cigna announced on June 10th, they will be exiting the PFFS market in 2011. Here are a couple different looks at their enrollment as of May 1st, 2010: State Totals: Cigna PFFS Total Enrollment by State State/County totals: Cigna PFFS Total Enrollment by State [...]
Cigna to Exit Private Fee for Service (PFFS) Market in 2011
Posted in 2011 MA PLans, All, Cigna, Medicare Advantage on June 10, 2010 | 2 Comments »
Here is the press release. Many of you who follow my blog may have noticed back in April that I referenced that in their press release, they didn’t mention individual PFFS business for 2011. My original coverage of this story can be found here. I thought that was a pretty good tip that this press [...]
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Craig Ritter
