"This comes amid federal Medicare cuts"
Here is what was cut.
Millions of older adults on Medicare prescription drug coverage could face steeper monthly costs in 2027, after the Trump administration concludes a temporary subsidy program that has helped offset premiums for the past two years.
The Centers for Medicare & Medicaid Services this week announced it would wrap up the program, which was initially implemented by the Biden administration in 2024 to lower patients’ Medicare Part D prescription drug costs in response to effects of the 2022 Inflation Reduction Act.
It was a temporary subsidy so maybe Biden should have made it permanent.
I did a little research on the Star rating system.It 1st came about in 2007 and was just a rating system to measure that performance of these plans.
The health reform act of 2010 tied the rating to bonus payments. I'm pretty sure Trump wasn't involved.
The Medicare Advantage star rating system was established in 2007 and first implemented by the Centers for Medicare & Medicaid Services (CMS) in 2008 to help beneficiaries compare the quality of health and prescription drug plans.
Quality Bonus Payments: The 2010 health care reform law later tied these star ratings to financial incentives, authorizing CMS to issue quality bonus payments to plans earning 4 or more stars starting in 2012.
The ratings are tied to performance and that can be measured by satisfaction surveys.
Do a search for HMSA here on Punaweb, there are 15 pages of people mostly complaining about HMSA.
Maybe Punatalk has lowered HMSA's ratings.
I feel sorry for all of the people caught up in this. Maybe some day our elected representatives will try to reign in medical malpractice claims or try to lower costs.
Here is what was cut.
Millions of older adults on Medicare prescription drug coverage could face steeper monthly costs in 2027, after the Trump administration concludes a temporary subsidy program that has helped offset premiums for the past two years.
The Centers for Medicare & Medicaid Services this week announced it would wrap up the program, which was initially implemented by the Biden administration in 2024 to lower patients’ Medicare Part D prescription drug costs in response to effects of the 2022 Inflation Reduction Act.
It was a temporary subsidy so maybe Biden should have made it permanent.
I did a little research on the Star rating system.It 1st came about in 2007 and was just a rating system to measure that performance of these plans.
The health reform act of 2010 tied the rating to bonus payments. I'm pretty sure Trump wasn't involved.
The Medicare Advantage star rating system was established in 2007 and first implemented by the Centers for Medicare & Medicaid Services (CMS) in 2008 to help beneficiaries compare the quality of health and prescription drug plans.
Quality Bonus Payments: The 2010 health care reform law later tied these star ratings to financial incentives, authorizing CMS to issue quality bonus payments to plans earning 4 or more stars starting in 2012.
The ratings are tied to performance and that can be measured by satisfaction surveys.
Do a search for HMSA here on Punaweb, there are 15 pages of people mostly complaining about HMSA.
Maybe Punatalk has lowered HMSA's ratings.
I feel sorry for all of the people caught up in this. Maybe some day our elected representatives will try to reign in medical malpractice claims or try to lower costs.