Both Medicare and Medicaid are government-administered healthcare programs and many people get the two confused. The names aren’t all that different, so it can be easy to jumble the information. This info is worthwhile so you can know the differences and which program you may be eligible for you. Check out our article about Medicare… Continue Reading Medicare and Medicaid: What’s the Difference?
CMS Primary Cares Initiative On April 22, 2019, the U.S. Department of Health and Human Services (HHS) Secretary Alex Azar, along with the Centers for Medicare & Medicaid Services (CMS) Administrator, Seema Verma, announced a new set of payment models known as the CMS Primary Cares Initiative. This initiative intends to transform primary care by… Continue Reading Changes in the Medicare Model
Medicare Part D is a federal program of Medicare that is directed through private insurance companies. These private insurance companies offer retail prescription drug coverage to Medicare recipients. Part D helps thousands of Medicare beneficiaries pay for much-needed prescription drugs; prior to 2006, these patients would have to pay thousands of dollars out-of-pocket for the… Continue Reading What is Medicare Part D?
Group health insurance is a type of health insurance plan that businesses extend to their employees – and sometimes – the dependents of those individuals. Small and large business owners generally pay a part of the monthly premiums (or all of the premiums). The incentive for these businesses to provide group coverage is the large… Continue Reading What is Group Policy Insurance?
Every year thousands of people turn 65 and face choices for their healthcare insurance. Figuring out Medicare alone is hard enough, but when you have retiree options to consider from an employer as well, things can get tricky. Should you accept that employer coverage or go with Medicare and a Medigap plan? Which route is… Continue Reading Retiree Coverage or Medicare Primary: Which is Better?
The Flexibility of the Employer Group Waiver Plan There are several ways Benistar can help employers provide prescription drug benefits to their Medicare-eligible retirees. One way we do this is by providing flexibility in the plans that we offer, doing our best to reduce member disruption and noise for the employer. By attempting to match plan… Continue Reading The Flexibility of the EGWP