From Medicare Advantage News - Another sizable and previously fast-growing Florida Medicare Advantage plan is about to disappear as a result of financial problems. On June 9, Leon County Circuit Court Judge Charles Francis ordered Physicians United Plan, Inc. (PUP) into receivership under the Florida Department of Financial Services (DFS), which will liquidate it effective July 1. Orlando-based PUP began operations in January 2006 and has about 40,000 MA prescription drug HMO members, mainly in Central Florida. Read more
From Medicare Advantage News - One of the least publicized but most welcome changes for Medicare Advantage plans in the final MA and Part D rule CMS released last month (MAN 5/22/14, p. 1) was provisions giving MA plans more flexibility in offering rewards and incentives as part of wellness programs. Read more
From Medicare Advantage News - While much of the focus in the ongoing controversy about who should pay the huge costs of the new hepatitis C drugs has been on Medicaid (MAN 4/24/14, p. 3), the issue has become a big one for Medicare Advantage and Part D plans too, as shown in the recently completed round of first-quarter financial results conference calls. Even though the risk corridors in the Part D program shelter Medicare… Read more
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