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Whoopee...what's that...a dollar a month?
The Obama administration announced Monday that planned cuts to Medicare Advantage would not go through as anticipated amid election-year opposition from congressional Democrats.
The cuts would have reduced benefits that seniors receive from health plans in the program, which is intended as an alternative to Medicare.
Under cuts planned by the administration, insurers offering the plans were to see their federal payments reduced by 1.9 percent, which likely would have necessitated cuts for customers.
The PMPM paid to plans in Southern California is about $850. So .4% is about $40 a year times thousands of members. Rick
Anyone have a solid idea when we'll know level of advance commission for 2015 in regards to proposal?This increase looks like its for the companies. Still no word on changes to agent compensation?
I, like many agents, get the "how can this plan be zero premium" question. If they only knew the plan gets about ten grand a year from the government even if they don't go to the doctor once, just for being on their roll.