BY MORGAN HAEFNER: CMS will begin mailing new Medicare ID cards to roughly 58 million beneficiaries next April to meet the Medicare Access and CHIP Reauthorization Act deadline to remove Social Security numbers from all cards.
Here are seven things providers need to know about the new cards, according to CMS.
1. Providers must change practice management systems to accept new Medicare beneficiary identifiers (MBI) by April 2018 for billing, claims status and eligibility status transactions. The MBI will be a randomly-assigned 11-character identifier comprising numbers and uppercase letters.
2. Providers using vendors to bill Medicare will need to verify vendors’ MBI practice management system changes. (read more)
BY MICHELLE CHEN: If you get a check-up at any health clinic in America today, you may have no idea how much it will cost, but two things are virtually certain: The bill will be too high, and the nurse who saw you will be paid too little. The sickening paradox at the root of the American health-care system is that despite skyrocketing costs for patients, front-line workers like medical assistants and home-care aides are shockingly underpaid—while insurers and health-care corporations pocket the difference. The health-care-reform debate in Washington is finally starting to grapple with the equity gap in the health system for consumers, and momentum is gaining for a fairer government-run single-payer system. Yet, for all the promise of the “Medicare for All” proposal, there’s surprisingly little discussion on how an overhaul of our health-care system would affect the people delivering our care. (read more)
BY THOMAS BEATON: Over 90 percent of Medicare supplemental plan beneficiaries cited satisfaction with their healthcare coverage, according to a recent AHIP study. Findings point out ways for payers to provide consumer-friendly health plans to a growing senior citizen market.
Medicare supplemental plans offer unique coverage for out-of-pocket costs including deductibles, coinsurance, and copays that regular Medicare doesn’t provide beneficiaries. These older beneficiaries see these plans as a way to remain financially secure while having access to quality healthcare services.
“The response to this survey was clear – Medicare supplemental insurance continues to offer tremendous value to millions of seniors,” said Tom Meyers, AHIP Vice President of Product Policy, in an accompanying statement. (read more)
Medicare doesn’t cover everything. Luckily, those on Medicare can now start saving on out of pocket expenses like prescription drugs, dental, vision, hearing, and more. Over 1 million people have already received their free Medicare Plus Card.(Read More...)