Published by Medical Business Systems, Iridium Suite is your practice management solution.

www.iridiumsuite.com

Full Steam Ahead!

Are you on Board with Medicare Advantage Plans?

Medicare Open Enrollment for Health and Drug Plans

Begins Oct. 15 and runs through

Dec. 17

Eligible beneficiaries will need to weigh their

options.

Based on CMS Data: Medicare

Advantage Plan

enrollment is at an all time high.

One major evaluation factor in the 2015 MA plan selection process is the premium cost.

Lower cost plans,

may make the increase only

$1.30.

Average costs are estimated to

increase $2.94, for a total of

$33.90 per month.

Another important thing to beneficiaries are

supplemental benefits like dental and vision.

From 2010 to 2015, enrollment is expected to 42%

with premiums 6 %.

The quality of Medicare Advantage plans are measured and rated from 1 to 5 stars.

40% of 2015 MA plans rated 4 or more

Up 6% from 2014

60% of enrollees plans rated 4 or more

Up 31% from 2012

Prescription drug plan monthly premiums are estimated to be $32. Since the ACA, beneficiaries have saved an average of $1,443, for a total of about $12B on prescription drugs.

Don’t let your medical practice get left behind. Your ticket to ensured patient growth in participation

Medicare Advantage plans.