On May 6, the Social Security and Medicare trust fund trustees issued their annual report. The report predicts a financial crisis for the funds within 10 years, unless Congress intervenes before then.
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Social Security/Medicare Trustees Issue Annual Report
By NAIFA on 5/15/24 1:37 PM
Topics: Disability Insurance Medicare Congress
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CMS Seeks Information on Medicare Advantage Plans
By NAIFA on 2/15/24 10:39 AM
On January 25, the Centers for Medicare and Medicaid Services (CMS) issued a request for information (RFI) on how to increase transparency and improve the data capabilities of Medicare-managed care plans. Comments on the RFI are due to CMS by mid-summer.
Topics: Medicaid Medicare CMS
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NAIFA Voices Concern on Proposed Medicare Advantage and Part D Changes
By NAIFA on 1/16/24 3:27 PM
On January 5, President Tom Cothron submitted comments to the Centers for Medicare & Medicaid Services (CMS) on behalf of all NAIFA members to express concern over a proposed rule change regarding the Medicare Advantage and Medicare Part D programs.
Topics: Medicaid Legislation & Regulations Medicare CMS Compensation Regulation Congress
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CMS Announces ACA Cost-Sharing Limits
By NAIFA on 1/16/24 3:22 PM
The Centers for Medicare and Medicaid Services (CMS) has announced new cost-sharing limits and required contribution percentages for the 2025 benefit year. For the 2025 calendar year, the self-only coverage annual limitation on cost-sharing is $9,200. It is $18,400 for other than self-only coverage.
Topics: Medicaid Legislation & Regulations Medicare Affordable Care Act CMS
4 min read
CMS Rule Sets Medicare Advantage, Part D Marketing Rules
By NAIFA on 5/15/23 5:30 AM
On April 12, the Centers for Medicare, and Medicaid Services (CMS) finalized rules governing practices involving advising/selling Medicare Advantage (MA) and Part D (prescription drug) plans. The rules cover practices applicable to plan sponsors, agents, brokers, and third-party marketing associations. The final rules reflect changes sought by NAIFA.