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Biden Administration Finalizes Lower Out-of-pocket Costs For Exchange Plans, Targets Health Equity And Access - Food, Drugs, Healthcare, Life Sciences

To print this article, all you need is to be registered or login on Mondaq.com. The Biden Administration used the annual rulemaking that governs health plans sold on the Affordable Care Act s exchanges to lower health care costs for consumers and improve access to health care. Part 2 of the Notice of Benefit and Payment Parameters for 2022 Final Rule (the Payment Notice), issued April 30, 2021, is the second in a series of rulemakings addressing exchange plans. 1 The Department of Health and Human Services (HHS) anticipates additional rulemakings on the 2022 Payment Notice later this year. 2The rulemaking announced changes to out-of-pocket costs, special enrollment periods, risk adjustment,

Biden Finalizes Lower Out-of-pocket Costs for Exchange Plans

Friday, April 30, 2021 The Biden Administration used the annual rulemaking that governs health plans sold on the Affordable Care Act’s exchanges to lower health care costs for consumers and improve access to health care. Part 2 of the Notice of Benefit and Payment Parameters for 2022 Final Rule (the Payment Notice), issued April 30, 2021, is the second in a series of rulemakings addressing exchange plans. [1]  The Department of Health and Human Services (HHS) anticipates additional rulemakings on the 2022 Payment Notice later this year. [2] The rulemaking announced changes to out-of-pocket costs, special enrollment periods, risk adjustment, and HHS’s audit and oversight of exchanges, among other things.

Medicare and Moving: A Special Circumstances Deep-Dive

Share: Medicare probably isn’t the first thing on your mind when you’re moving. There’s a lot to think about, like packing up the house, settling into your new abode, switching your mailing address, and exploring your new locale.  Eventually, though, you do need to think about your health insurance if you’re a Medicare beneficiary. Many Medicare plans have a limited range within certain zip codes, so you may no longer be in your plan’s service area even if you just moved across town! If you’re moving (or maybe already have!), we have the details you need to get your coverage squared away and get back to those boxes. 

Recovery Legislation Should Build on ACA Successes to Expand Health Coverage, Improve Affordability

March 29, 2021 The Affordable Care Act (ACA) expanded health coverage to more than 24 million people, sharply dropping the uninsured rate for people of all ages, of all racial and ethnic backgrounds, and at all education levels. [1] The recently enacted American Rescue Plan particularly its two-year premium tax credit enhancements for marketplace enrollees and strong financial incentives for states to expand Medicaid is expected to reach millions of the roughly 30 million people who remain uninsured, a group disproportionately composed of people of color. To address these disparities and make further strides toward universal coverage, an essential priority for recovery legislation, Congress should make broader, permanent improvements to marketplace coverage.

Residents of Federal Disaster Areas Get Second Chance for Medicare Enrollment

Residents of Federal Disaster Areas Get Second Chance for Medicare Enrollment Share Article While Medicare open enrollment for the 2021 plan year officially closed in December, some beneficiaries may still be eligible. Ensurem CEO Dave Rich explains how. Medicare special enrollment periods are available to residents of FEMA-declared disaster areas. Given the disruption and challenges of 2020, this opportunity may be of interest to Medicare-eligible individuals who for one reason or another did not enroll in Medicare or change their plans during the annual enrollment period and would like to do so now. CLEARWATER, Fla. (PRWEB) January 11, 2021 If you’re eligible for Medicare, you can enroll and choose a plan any time during the three months before and after the month you turn 65. After that, you usually only have one chance a year: the annual election period (AEP). Also referred to as Medicare open enrollment,

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