Industry Merchandise Association Pledges To Stop Medicare Fee For Service Marketing Until Sales Abuses Are Cleaned Up--But Forgot To Advert I Thing

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Title : Industry Merchandise Association Pledges To Stop Medicare Fee For Service Marketing Until Sales Abuses Are Cleaned Up--But Forgot To Advert I Thing
link : Industry Merchandise Association Pledges To Stop Medicare Fee For Service Marketing Until Sales Abuses Are Cleaned Up--But Forgot To Advert I Thing

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Industry Merchandise Association Pledges To Stop Medicare Fee For Service Marketing Until Sales Abuses Are Cleaned Up--But Forgot To Advert I Thing

This from the June fifteen AHP wellness insurance merchandise association news release:

"Taking a major stride to order Medicare beneficiaries peace of mind, today 7 of our fellow member companies are making a pledge to voluntarily destination marketing non-group Medicare Advantage Private Fee For Service plans as well as to strengthen consumer protections past times implementing similar a shot the Centers for Medicare as well as Medicaid Services (CMS) 2008 marketing enhancements ahead of schedule."

The manufacture says they await to opened upwards things upwards in 1 trial to a greater extent than "well prior to the launch of 2008 marketing efforts."

Good.

With state insurance regulators as well as state attorneys general giving Congress lists of sales abuses from at to the lowest degree 39 states that include such things equally the enrollment of dead or mentally impaired seniors, the impersonation of Medicare officials, as well as the role of personal data stolen from federal records, it's the responsible thing to do. It equally good wasn't lost on the manufacture when, inwards a Congressional hearing, the manufacture was told inwards no uncertain price to bargain amongst the bad guys as well as CMS showed footling patience on the matter, to boot.

However, inwards making this bold as well as magnanimous movement the merchandise association neglected to enjoin the reporters 1 footling thing inwards their self-congratulatory intelligence conference.

They weren't going to sell much novel concern this summertime anyway.

You see, unless a senior is but turning historic current 65 (or uses the convoluted "limited opened upwards enrollment period" that requires splitting drug coverage out of the individual Medicare plan), they can't sign upwards for a dissimilar Medicare plan, similar Private Fee For Service, at whatsoever fourth dimension other than the opened upwards enrollment current betwixt Nov 15th as well as Dec 31st.

Nice PR though.

Reuters News Story With Analysis of Impact on New Sales: Medicare intermission seen causing insurers footling pain


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