If you’re in the market for health insurance, you may want to consider purchasing a plan through a health insurance broker. While they’re by no means the only option, health insurance brokers are a popular resource for a variety of customers looking for help in finding the right policy for them. So what do brokers…
Bright Health Group is mulling a reverse stock split after it shares dipped below the price threshold to remain listed on the New York Stock Exchange, the health insurance company announced Monday. The insurtech received a notice from the New York Stock Exchange Dec. 6 that, because its average stock price has been below $1…
The Centers for Medicare and Medicaid Services is considering significant changes to how Medicare Advantage quality is measured, how provider networks are assembled and how insurance companies market their products. In a draft regulation published Wednesday, CMS proposes a variety of changes to Medicare Advantage for next year, including modifications to the Star Ratings bonus…
-“Secret shoppers” found that 80% of agent calls with clients were inaccurate or insufficient. After reviewing thousands of complaints about “confusing, misleading, and/or inaccurate” Medicare Advantage ads, and using “secret shoppers” to document deceptive telephone sales pitches, the Centers for Medicare & Medicaid Services (CMS) announced it is putting its foot down on Thursday. Kathryn…
Legislation to reduce racial and ethnic disparities in health insurance coverage and improve access to care have led to some progress but continue to fall short of objectives. The Affordable Care Act helped, especially in states that expanded eligibility for their Medicaid programs. However, after 2016, coverage gains stalled and slightly eroded. Combined with job and income losses stemming…
Medicare’s Part B monthly premium for 2022 will increase by $26.60, the largest dollar increase in the health insurance program’s history, the Centers for Medicare & Medicaid Services (CMS) announced on Nov, 12. Standard monthly premiums for Part B will cost $170.10 in 2022, up from $148.50 in 2021. Medicare Part B covers doctor visits,…
You can make a difference in people’s lives. These success stories, repeated anonymously can be a great catalyst for getting referrals. Once I share this story, you might think about which current clients fit into the same situation. I had a longtime client. I really liked her and the feeling was mutual. One day when…
Bright Health Group is further focusing its business on delivering affordable healthcare to aging and underserved populations through its Fully Aligned Care Model. Bright HealthCare will no longer offer Individual and Family Plans after plan year 2022 and will also no longer offer Medicare Advantage products outside of California and Florida. It is a priority…
Many of the general rules governing Medicare remain the same, said Harriett, though some plans and benefits will change. Some rules are specific to agents while others may be helpful to their clients. However, Harriett said, there are always a few general rules agents need to know when dealing with clients. Here is an overview…
Language barriers may lead to significant inequities in health care delivery, a new report suggests. The study, published in Health Affairs, found that Spanish-speaking Americans received about one-third less care (based on spending) as compared to patients whose primary language is English. “During 2014–18 mean annual per capita expenditures were $1,463 (35 percent) lower for Hispanic adults…