Industry Updates

//Industry Updates

CMS Proposes Rule to Reduce ACA Premiums

On Thursday, the Center for Medicare and Medicaid Services (CMS) announced a proposed rule that aims to cut fees for those enrolled in the Affordable Care Act (ACA). This act can potentially eliminate silver-loading within the health insurance market. The practice of silver-loading is when premiums are heavily increased onto silver-level exchange plans, which are [...]

By | 2019-01-18T10:01:56+00:00 January 18th, 2019|Articles, Industry Updates|0 Comments Enrollment Count Drops by 3.8%

According to an update from Thursday from the Centers for Medicare and Medicaid Services (CMS), enrollment numbers drop compared to enrollment numbers in 2018. The update showed that 8.4 million Americans had enrolled in a health plan for 2019, which is down 3.8% from the enrollment count last year, which is more than 8.7 [...]

By | 2019-01-04T13:14:53+00:00 January 4th, 2019|Articles, Industry Updates|0 Comments

Health Spending Slowed in 2017

According to the new annual report published by the Centers for Medicare and Medicaid Services' Office of the Actuary, the U.S. healthcare spending growth had decreased from 2016 to 2017. Factors that had caused the decline in healthcare spending was the reduced use of hospital care, physician services and prescription drugs. In 2017, the annual [...]

By | 2018-12-07T10:21:01+00:00 December 7th, 2018|Articles, Industry Updates|0 Comments

Telehealth Not As Prominently Utilized in Medicare

In a report to Congress, the Centers for Medicare and Medicaid Services (CMS) stated that telehealth has the potential to provide valuable care without an increase in cost. Although promising, telehealth has yet to be adopted across Medicare beneficiaries. Within 2014 to 2016, less than one percent of all Medicare beneficiaries, which is estimated to [...]

By | 2018-11-21T09:29:49+00:00 November 21st, 2018|Articles, Industry Updates|0 Comments

CMS Unveils New Initiative for Medicare User Experience

The Centers for Medicare & Medicaid services (CMS) unveiled a new initiative to enhance the user experience for Medicare beneficiaries. The eMedicare initiative aims to give users a more personalized online health care experience, empowering patients with updated Medicare resources. Through a multi-year strategy, the CMS' eMedicare initiative will use consumer data integration and web [...]

By | 2018-10-05T09:43:41+00:00 October 5th, 2018|Articles, Industry Updates|0 Comments

CMS Saved $314 Million from Medicare ACOs

Just after the Centers for Medicare and Medicaid Services proposed overhauling Accountable Care Organizations (ACOs), the CMS shared on Thursday that Medicare ACOs had made $1.1 billion from 2017 in savings. Of that $1.1 billion in savings, the CMS allocated $780 million with the Medicare ACOs, leaving the CMS with $313.7 million. The CMS recently [...]

By | 2018-08-31T15:26:52+00:00 August 31st, 2018|Articles, Industry Updates|0 Comments