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Article: Medicare Advantage Plans Struggle to Comply With New Federal Law.
- Article from:
- PR Newswire
- Article date:
- August 20, 2008
CopyrightCOPYRIGHT 2008 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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The recently enacted Medicare Improvement Law immediately affects the operations of more than 500 Medicare Advantage insurance companies nationwide
PORTLAND, Ore., Aug. 20 /PRNewswire/ -- When the House and Senate overrode President Bush's veto of HR 6331, creating new legislation protecting Medicare beneficiaries, they also established stricter requirements for Medicare Advantage plans during one of the busiest months of the year for that industry. Possibly the most significant change in the new law is specific prohibitions and limitations on certain sales and marketing activities for Medicare Advantage plans and prescription drug plans. And with August 30 ...