Yeatman Insurance Services

A consequence of the ACA (ObamaCare, not Medicare) for rising ACA premiums: Consolidation!

The Affordable Care Act’s Unintended Consequences: How Consolidation Drives Rising Insurance Premiums The causes of today’s rising healthcare prices are rooted in decisions made 15 years ago with the passing of the Affordable Care Act of 2010.

Medicare Part D (higher costs at the pharmacy in 2025): Are you paying more this year than last year for the same medications? Plan changes were forced upon the drug plans this year b/c of the new $2,000 max out of pocket in 2025. Who is paying for one's drugs once the $2k is reached? The drug plans are required to do so. In response, an increase in pricing as well as a higher use/rate of deductibles, copayments and coinsurance began on 1/1/25.

Medicare Part D beneficiaries face rising out-of-pocket costs for brand name drugs The Expe... Expected out of-pocket costs for commonly prescribed brand name medications have grown substantially for Medicare Part D beneficiaries as drug plans increasingly tie patient costs to list prices, according to new research from the USC Schaeffer Center for Health Policy & Economics published in JAMA.

Attention to those who have a new doctor in 2025!

Did you switch health insurance plans and enroll with a different carrier or switch medical providers this year? If so, and if you have never been seen by your P*P (primary care provider), don't forget you need to schedule an initial visit to get established with your new doctor!

More on how Part D prescription drug plans will work next year including setting up an optional payment plan with the carrier:

3 Big Medicare Prescription Drug Changes Here's what you need to know about Part D in 2025

Do not respond to advertisements in your mail, from your TV or in your email inbox. Contact your trusted broker first to verify what is real and what is a SCAM...watch out!!

Federal warning: Scammers are hitting a new despicable low with latest target More information on what to do if you think you've been a victim.

It is a wild AEP for brokers, mostly because of the changes to the Part D stand-alone plans, but also because of this:

Open enrollment: Commission payments, CMS suspensions plague health agents Open enrollment season for Medicare as well as Affordable Care Act health plans is in full swing and many agents are finding it difficult – if not impossible – to enroll people in coverage.

There's more financial help available for 2025! You could get a health insurance plan with greater benefits and a $0 annual deductible when you choose an Enhanced Silver plan, only available through Covered California. Call us for free enrollment help at [619]-469-1420 extension 2 and Ansley will discuss with you your options!

Medicare Alert: There are changes coming in 2025 and, as this article discusses, it appears to be relief at first, but such relief comes at a cost. Who is bearing the cost...taxpayers, the carriers who must increase premiums/copay/offer less benefits, etc.?

Confirm what you are being told by candidates and today's mainstream media outlets. Think it through and see if what you were told in the past has come to be true today, because what's being said today is unlikely to be our reality in the future.

Most of the changes are to those with stand-alone Part D prescription drug plans. Members of Medicare Advantage plans will see less of negative changes because the carrier can blend in the cost across the entire health plan. Several Part D carriers have announced they are leaving the stand-alone Part D market in 2025.

Next month, when all the 2025 Medicare plan info is released to the public, we'll have a clearer picture of how these decisions in the past are affecting our future. We'll also know what the Part B premium will be in 2025 later in October/early November.

Biden’s Inflation Reduction Act Screws Seniors with the Biggest Medicare Premium Increase Ever Joe Biden's disastrous Inflation Reduction Act hasn’t just sabotaged Americans’ wallets, it’s sabotaged their health as well.

Big Changes coming for Medicare Part D plan members in the next two years:

HHS: Medicare Part D enrollees will save $400 on average in 2025 Medicare Part D enrollees will save up to $396.08 annually with new price caps from the Inflation Reduction Act. An estimated 18.7 million people will benefit, according to HHS.

This is good news...protects consumers for out-of-network charges for emergency services!

Ban On ‘Surprise’ Medical Bills On Track For Jan. 1 Rollout : J&R Report Health Care News for Insurance Brokers