Q1Medicare.com - Latest Medicare News

On January 15, 2021, the Centers for Medicare and Medicaid Services (CMS) released the final 2022 Announcement that included the 2022 defined standard benefits for Medicare Part D prescription drug plan coverage.

On February 5, 2020, the Centers for Medicare and Medicaid Services (CMS) released the 2021 Advance Notice and Draft Call Letter that included the 2021 proposed defined standard benefits for Medicare Part D prescription drug plan coverage - and proposed changes to Medicare plans.

On April 1st, the Centers for Medicare and Medicaid Services (CMS) released the 2020 Announcement and Final Call Letter that includes the defined standard benefits parameters for 2020 Medicare Part . . .

On April 6, 2020, the Centers for Medicare and Medicaid Services (CMS) released the final 2021 Announcement that included the 2021 defined standard benefits for Medicare Part D prescription drug plan coverage.

Without taking into account the Medicare plan enrollment or plan popularity, the average monthly Medicare Part D premium will actually decrease slightly in 2013.  The average monthly premium acro . . .

Updated October 14, 2019 with CMS revised landscape data.The Medicare Advantage plan Maximum Out-of-Pocket (MOOP) threshold limits how much you will spend on co-payments and co-insurance for eligible . . .

On January 30th, the Centers for Medicare and Medicaid Services (CMS) released Part II of the 2020 Advance Notice and Draft Call Letter that included proposed defined standard benefits for 2020 Med . . .

Updated October 14, 2019 with CMS revised landscape data. In general, as compared to past years, there will be an increase in the total number of 2019 Medicare Advantage Special Needs Plans (SNPs . . .

Seniors, Medicare plan providers, and caregivers can expect a few changes in the 2019 Medicare Part D program.  Below are a few highlights from the final 2019 Call Letter and a 1,156 page Medic . . .

The Medicare Advantage plan Maximum Out-of-Pocket (MOOP) threshold limits how much you will spend on co-payments and co-insurance for eligible Medicare Part A (in-patient or hospitalization) and Medi . . .

As was true in past years, many 2018 stand-alone Medicare Part D prescription drug plans will be increasing their monthly premiums in 2019.  In fact, based on current Medicare plan enrollment, a . . .

In early April, the Centers for Medicare and Medicaid Services (CMS) released the 2018 Rate Announcement and Final Call Letter with the finalized defined standard benefits for 2018 Medicare Part D pre . . .

Medicare Part D prescription drug plans (PDPs and MAPDs) can change every year and even if you stayed with your same plan from 2018, there are a number of possible reasons why you may be paying more . . .

If your stand-alone Medicare Part D prescription drug plan (PDP) - or Medicare Advantage plan that includes drug coverage (MAPD) - has an initial deductible, you will usually pay 100% of your prescrip . . .

Each Medicare Part D plan has a national pharmacy network that includes 50,000 to 65,000+ pharmacies and both "preferred" and "standard" pharmacies can be included in a Medicare prescription drug pl . . .

With each new plan year - and throughout the plan year - your Medicare Part D plan (PDP) or Medicare Advantage plan that provides prescription coverage (MAPD) can change their formulary or drug list, . . .

If your stand-alone Medicare Part D prescription drug plan (PDP) - or Medicare Advantage plan that includes drug coverage (MAPD) - has an initial deductible, you will usually pay 100% of your prescr . . .

Based on current enrollment, 13.6 million Medicare beneficiaries will see their stand-alone 2021 Medicare Part D premiums increase in 2022 - with almost 4.4 million Medicare beneficiaries seeing at least a 20% increase in their monthly premium.

Over 190,000 people are currently enrolled in non-renewing 2021 Medicare plans and will lose their 2022 Medicare plan coverage unless they choose to enroll in a different 2022 Medicare Part D or Medicare Advantage plan.

As in past years, some 2021 Medicare Part D plans are changing their cost-sharing designs for 2022 prescription drug purchases.  Cost-sharing is what you will pay for your Medicare Part D formu . . .

Twenty-six 2021 Medicare Advantage plans that offer drug coverage (MAPDs) will have an ICL over the standard $4,430 and 72 MAPDs will have an ICL under $4,430.

The 2022 Medicare Part D and Medicare Advantage plan annual Open Enrollment Period (AEP) begins today, October 15th, and continues through December 7th. During the next seven weeks, you can add, change, or drop your 2022 Medicare Advantage plan or Medicare Part D plan.

Over 4.4 million people are currently enrolled in non-renewing 2021 Medicare plans and will be automatically moved to a different 2022 Medicare plan - with different plan coverage and costs.

in 2022, over 2,800 counties (or Zip Code areas) include at least one Medicare Advantage plan with a Part B premium “Giveback” (equating to about 14,000 unique plan/county combinations of different 2022 Medicare Advantage plans) with Part B give-backs ranging from $1 to $148.

The 2022 Medicare Advantage plan information recently released by the Centers for Medicare and Medicaid Services (CMS) shows that Medicare beneficiaries can expect more Medicare Advantage plans in m . . .

An initial review of the stand-alone 2022 Medicare Part D prescription drug plans (PDPs), recently released by the Centers for Medicare and Medicaid Services (CMS), shows that Medicare beneficiaries . . .

As noted by the Centers for Medicare and Medicaid Services (CMS), monthly Medicare Advantage plan premiums have remained stable or declined over the past several years — and this trend cont . . .

The Medicare Advantage Special Needs Plan (SNP) landscape will be changing again in 2022, with 15% of 2021 SNPs discontinued and the introduction of so many new SNPs that we have a 19% increase in the total number of 2022 SNPs across the country.

In addition to overall lower-premium 2022 Medicare Advantage plans, thirty-four percent (34%) of all 2022 Medicare Advantage plans that include prescription drug coverage (MAPDs) will have a $0 premium and $0 initial drug deductible (up from 30% in 2021)