Senators Hassan And Marshall Introduce Bipartisan Bill To Help Seniors With Medicare Coverage Options
The bill will improve education materials for America's seniors during the annual Medicare Open Enrollment period, and is in response to concerns that seniors shared about inadvertently selecting Medicare plans that do not best meet their health care needs.
"When deciding whether to enroll in traditional Medicare or a Medicare Advantage plan, seniors rely on the official Medicare & You handbook. Unfortunately, the handbook does not fully address the challenges Medicare Advantage can create for seniors," said
"The Medicare & You handbook has improved over the years, but still lacks on sharing some vital information on health plan choices and supplemental health insurance," said
The Medicare & You handbook is the official handbook that guides new and current Medicare beneficiaries on the Medicare program. Published by the
The Medicare & You Handbook Improvement Act of 2022 would improve beneficiary education by requiring CMS to include information on the following:
* A description of what utilization management techniques are including prior authorization and step therapy, and how a beneficiary can find which techniques apply under a specific MA plan or prescription drug plan.
* A description of the network sizes of MA plans relative to the number of health care providers who accept Original Medicare.
* A description explaining that when seniors switch to a MA plan and later switch back to Original Medicare, they may be prohibited from purchasing supplemental coverage or else have to pay significantly higher premiums.
The legislation complements the Improving Seniors' Timely Access to Care Act, legislation that would modernize Medicare Advantage and make health care delivery more patient and doctor friendly. The bill - sponsored by
* * *
Original text here: https://www.hassan.senate.gov/news/press-releases/senators-hassan-and-marshall-introduce-bipartisan-bill-to-help-seniors-with-medicare-coverage-options


Congressional Research Service Issues In Focus White Paper on Overview of Long-Term Care Insurance
Fannie Mae Executes Its Eleventh and Final Credit Insurance Risk Transfer Transaction of 2022 on $10.1 Billion of Single-Family Loans
Advisor News
- Flourish brings private-bank-like cash solution to MassMutual’s network
- Majority of Americans concerned recent market highs are unsustainable
- GLP-1 users choose between medication and retirement saving
- Gen X and millennials seek new retirement model
- Are families ready for the costs of aging at home?
More Advisor NewsAnnuity News
- New class-action lawsuit targets Delaware Life over annuity disclosures
- A client remarried: Does their annuity still fit?
- Gen X and millennials seek new retirement model
- Global Atlantic names Dan Farrelly head of IMO and IBD channels
- A rising retirement challenge: The license to spend
More Annuity NewsHealth/Employee Benefits News
Life Insurance News