Government offers funds to help switch seniors from terminated Fox Insurance plan

Share this article:

Some states will receive additional funding for insurance information programs for seniors after the Centers for Medicare & Medicaid Services terminated a federal contract with Fox Insurance Company.

So far, two states have been provided additional funding, according to a joint CMS and Department of Health and Human Services statement Tuesday. The Florida insurance information program Serving Health Insurance Needs of Elders (SHINE) is scheduled to receive $274,000 in additional funding, while North Carolina's Senior's Health Insurance Information Program (SHIIP) will receive $120,000. Florida and North Carolina had the largest number of Medicare enrollees in the Fox prescription drug plan, according to the release. Medicare terminated its Part D contract with Fox on March 9 after an on-site review revealed serious policy violations. (McKnight's, 3/11/10) It was the first time since the implementation of Medicare Part D that CMS has terminated a contract with a drug plan.

Former Fox enrollees will be able to choose a new Medicare prescription drug plan through May 1, 2010. All former Fox enrollees are currently obtaining their drugs through LI-NET, a program run by Medicare and administered by Humana.

Share this article:

More in News

Also in the news for Sept. 22, 2014

ER support program can reduce hospital admissions among seniors, study says ... Researchers find defect that may lead to Alzheimer's ... Technical glitch may cause milions in payment delays for physicians who adopted EHRs

Enterovirus hits KY nursing home

Nine residents at the Heritage Hall nursing home are confirmed to have a strain of enterovirus, according to local reports.

AHCA applauds Senate passage of IMPACT Act

The Senate approved the Improving Medicare Post-Acute Care Transformation Act, drawing praise from the American Health Care Association and the National Association for the Support of Long Term Care.