Industry News
Some Medicare beneficiaries will soon be paying less for nearly 30 Part B prescription drugs with price increases higher than the inflation rate — thanks to the Inflation Reduction Act, which President Biden signed in August 2022.
New Medicare Prescription Drug Inflation Rebate Program protects people with Medicare and taxpayers when drug companies increase prices faster than the rate of inflation
HHS announces savings for some people with Medicare on 27 Part B prescription drugs
CMS Messaging to Agents/Brokers about Resolving DMIs:
Subject Line: Resources to Help Consumers Resolve Data Matching Issues
Headline: Understanding How to Help Consumers Resolve Data Matching Issues
Nevada agents: If a consumer has completed their application on or before January 15th, but has not selected a plan and enrolled, they have until 11:59 p.m. on Friday, January 20th, to select a plan.
NEW FOR 2023 - SPECIFIC TO MEDICARE PARTS A & B:
Per Medicare and You 2023, beginning January 1, 2023, consumers who missed enrolling in Medicare when eligible due to special circumstances may be able to sign up for Medicare during a Special Enrollment Period. Consumers should contact Medicare for more information.
Due to system limitations, some Colorado Connect enrollment data about Broker associations will not be automatically sent to health insurance companies (also referred to as "issuers”) in the month of November. Connect for Health Colorado is establishing a short-term manual solution for this problem, and a permanent solution is expected to be implemented sometime in 2023.