Added later in the day: It was announced today that Wisconsin has been granted an extension of SeniorCare to December 31, allowing officials to craft a wraparound program for a smooth transition.
The Wisconsin Board on Aging and Long Term Care, issued a news release, SeniorCare, What’s Next?
Some points from the release to keep in mind:
• It’s okay to wait: you don’t need to take action now. SeniorCare and state health officials are working on an alternative program.
• By staying in SeniorCare as long as it lasts, you may continue to save money. You’ll have two months to change after the actual loss of service.
• Call Medigap Helpline if you have problems with health insurance (1-800-242-1060).
For a very different perspective, read Medicare Part D insurers may reap $100 million in revenue in the April 28 Journal Sentinel.
“One of the by-products of providing limited prescription drug coverage for people in the Medicare program, what is known as Medicare Part D, was the creation of a multibillion-dollar business,” Guy Boulton writes.
Twenty-three companies stand to gain the additional revenue from 102,000 customers who, while fighting, will have to switch.
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