Innovaare Compliance
MARCH 1, 2022
The monthly premium for Medicare Part B rose 14.5%, from $148.50 By law, the Medicare Part B monthly premium must equal 25% of the estimated total Part B costs for enrollees age 65 and over. [1] By law, the Medicare Part B monthly premium must equal 25% of the estimated total Part B costs for enrollees age 65 and over. [1]
Healthcare IT Today
MAY 5, 2024
It’s a big blow for Walmart, which according to Healthcare Dive initially set a goal in 2019 of opening 4,000 clinics by 2029. Intuity Medical received Medicare Part B coverage for POGO , its automatic blood glucose monitoring system.
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Innovaare Compliance
APRIL 7, 2024
The Centers for Medicare & Medicaid Services (CMS) officially announced capitation rates for Medicare Advantage (MA) plans for CY 2025 – average increase of 3.7% The base beneficiary premium (BBP) will be capped at 6% from prior year from 2024 to 2029 [3]. The cost to Medicare Part D would be $26.8 billion [4].
Innovaare Compliance
APRIL 7, 2024
The Centers for Medicare & Medicaid Services (CMS) officially announced capitation rates for Medicare Advantage (MA) plans for CY 2025 – average increase of 3.7% The base beneficiary premium (BBP) will be capped at 6% from prior year from 2024 to 2029 [3]. The cost to Medicare Part D would be $26.8 billion [4].
Medisys Compliance
JULY 27, 2022
For dates of service calendar years 2027-2029, the reduced coinsurance is 10%. For dates of service on or after calendar year 2030, Medicare waives the coinsurance. Background for Reduced Co-Insurance. These provisions are effective for services furnished on or after January 1, 2011.
Hall Render
AUGUST 27, 2024
The Centers for Medicare & Medicaid Services (“CMS”) will publish the 2025 Inpatient Prospective Payment System (“IPPS”) Final Rule (“Final Rule”) in the Federal Register on August 28 with an effective date of October 1, 2024. By FY 2027, these changes will increase IPPS spending by $459 million.
Healthcare Law Blog
AUGUST 25, 2022
The expansive legislation includes key health care provisions, including drug pricing reforms, inflationary rebates, Medicare Part D benefit redesign, as well as myriad other updates. Medicare Drug Price Negotiation Program. The Inflation Reduction Act (“IRA”) was signed into law by President Biden on August 16, 2022.
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