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July 21, 2016

Recent Stories

From Medicare Advantage News - Citing serious concerns that allowing four of the biggest health insurance companies to combine into two will harm consumers, particularly seniors, the Dept. of Justice and multiple state attorneys general on July 21 filed separate lawsuits to block Aetna Inc.’s planned $37 billion purchase of Humana Inc. and Anthem, Inc.’s pending $54 billion acquisition of Cigna Corp. Just before a Justice Dept. Read more

When it comes to managing risk and closing gaps in care, the… Read more

In an effort to secure approval from the Dept. of Justice (DOJ)… Read more

Nineteen of the 23 program audits conducted in 2015 of Medicare Advantage… Read more

From the Editor

Welcome to your Medicare Advantage News subscriber-only Web page

Be sure to visit often, for PDFs of issues, archives of articles, links to government documents and more!

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July 29, 2016
How Low Can They Go? Part D Average Bid Drops Again for 2017

Medicare Part D payment benchmarks for the 2017 plan year are out, and as expected, the national average monthly bid amount for Part D plans continued to decline. CMS today said the Part D average bid amount for 2017 is $61.08, down 5.5% from $64.66 for 2016. Bids have dropped steadily since 2012, with the largest average declines occurring in 2015 and 2016 at 7.5% and %7.9, respectively. Meanwhile, the 2017 Part D base beneficiary premium continues to remain steady premium at $35.63, up slightly from $34.10 the year prior. View the annual notice from the CMS Office of the Actuary and other bid-related information here.

July 27, 2016
Centene CEO: Company Won’t Bid on Possible Aetna-Humana Divestitures

Centene CEO says company will not bid on any possible Aetna-Humana divestitures.

July 21, 2016
Aetna, Anthem to Fight DOJ Decision to Block Mergers

Aetna, Anthem say they will fight DOJ decision to block mergers.,

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