Archive for January, 2009

Medicare Advantage plans may lose some federal cash

Health insurers offering enhanced Medicare plans to senior citizens could see their reimbursements dramatically cut as Congress looks to further squeeze the optional, yet lucrative, Medicare product sold by those companies.

Read entire story here

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Wellpoint Inc. barred from adding customers to Medicare Plans

Jan. 12 (Bloomberg) — WellPoint Inc., the second-largest U.S. health insurer by revenue, has been barred from adding customers to Medicare plans after it denied prescription drugs to the elderly, endangering their lives, the government said. read full article here

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