Aug 162012
 

Obamacare plans changes to Medicare supplemental insurance plans F and C according to an article published on Life Health Pro by Allison Bell. The article states that members of the Senior Issues Task Force an arm of Health Insurance and Managed Care Committee (NAIC) would like to have new cost-sharing aspects added to Medicare supplement plans and ready for final approval by the end of the year.

If these changes to Medicare supplemental insurance are adopted by the NAIC and into sates laws and regulations, senior who purchase the popular Medigap plans will face new co-payment requirements or other cost.  Traditional Medicare Part A also known as hospital insurance and Medicare Part B also called doctor insurance leave many gaps in coverage to both save money and to discourage seniors from getting unnecessary care. Many seniors purchase additional Medicare supplemental insurance to protect themselves from these gaps.

The Patient Protections and Affordable Care Act of 2010 (PPACA) well known as Obamacare calls for NAIC and states to help control Medicare cost by changing Medicare supplemental insurance to reduce senior use of health care products and services.

You can read the entire article published 15 August 2012 by going here.

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