Tag: Benefits365
VGM Group inks agreement with Benefits365
June 18, 2013HME News Staff
WATERLOO, Iowa - The VGM Group has signed an agreement with Benefits365, a company that helps HME providers convert beneficiaries to Medicare Advantage plans, according to a press release. Ron Bendell, president of VGM and Associates, says the agreement will expand the options for his members. “Benefits365's team understands the needs of providers and the complexity of insurance plans, so they are in a unique position to help our members proactively educate beneficiaries about Medicare Advantage...
Analysis: Medicare Advantage enrollment soars
June 12, 2013HME News Staff
WASHINGTON - An analysis by the Kaiser Family Foundation found that Medicare Advantage enrollment increased nearly 10% in 2012, and by 30% since 2010, putting enrollment at a record high. The program grew from 5.3 million people in 2004 to a record 14.4 million in 2013, according to the analysis. From 2012 to 2013, Medicare Advantage enrolled an additional 1 million people. The HME industry is taking notice, with companies like Benefits 365 partnering with providers to help them crack the Medicare...
Lesser of two evils
May 17, 2013Liz Beaulieu, Editor
YARMOUTH, Maine - Some Medicare Advantage (MA) plans are starting to look more and more like traditional Medicare, industry sources say.
In the wake of CMS's announcement of the Round 2 payment amounts, a Blue Cross Blue Shield MA plan in one state, for example, has shaved 10% off its reimbursement for HME. Another plan going in that direction: Windsor, says Tyler Poole.
“We anticipated this,” said Poole, vice president of operations for Benefits365, a company that helps providers...
Get 'rock solid' with Medicare Advantage
April 5, 2013Liz Beaulieu, Editor
YOUNGSTOWN, Ohio - A self-proclaimed “lifer” in the HME industry has started a company to steer providers away from Medicare fee-for-service. And no, it has nothing to do with retail.
Tom Ivany launched Benefits365 to help providers crack the Medicare Advantage market.
“There's a lot of talk about the retail model, but I'm still not convinced that it's the best idea,” said Ivany, who also owns Youngstown, Ohio-based On-Demand Respiratory. “That's...