2016 Medicare Parts A & B Premiums and Deductibles Announced

Date 2015-11-10 Title 2016 Medicare Parts A & B Premiums and Deductibles Announced Contact http://go.cms.gov/media 2016 Medicare Parts A & B Premiums and Deductibles Announced Today, the Centers for Medicare & Medicaid Services (CMS) announced the 2016 premiums and deductibles for the Medicare inpatient hospital (Part A) and physician and outpatient hospital services (Part B)…

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Veterans Day

On the 11th hour of the 11th day of the 11th month of 1918, an armistice, or temporary cessation of hostilities, was declared between the Allied nations and Germany in the First World War, then known as “the Great War.” Commemorated as Armistice Day beginning the following year, November 11th became a legal federal holiday…

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View: Cost of cheapest PPACA plans is soaring

November 4th, 2015 | By: Megan Mcardle Last week, the Centers for Medicare & Medicaid Services (CMS) released the 2016 premium data for the “benchmark” plans in the states that use the federal HealthCare.gov exchange enrollment system. Those are the “second-lowest-cost Silver plans” in each area, with the second lowest-cost silver plan being a benchmark…

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Here are the highlights for the CMS defined Standard Benefit Plan changes from 2015 to 2016

  Initial Deductible: will be increased by $40 to $360 in 2016. Initial Coverage Limit: will increase from $2,960 in 2015 to $3,310 in 2016. Out-of-Pocket Threshold: will increase from $4,700 in 2015 to $4,850 in 2016. Coverage Gap (donut hole): begins once you reach your Medicare Part D plan’s initial coverage limit ($3,310 in 2016)…

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