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HFMA News - Medicare Announces Additional Funding for Health Insurance Counseling Programs for 2008

HFMA NEWS


Tuesday, June 10, 2008
Medicare Announces Additional Funding for Health Insurance Counseling Programs for 2008

The Centers for Medicare and Medicaid Services (CMS) on June 6 announced that an additional $15 million will be distributed to State Health Insurance Assistance Programs (SHIPs) to help people with Medicare get more information about their healthcare choices.

The $15 million is the second of three installments of SHIP funding in 2008 and will be distributed in June. CMS will distribute more than $50 million to the nation’s SHIPs in 2008; of that, $36 million was distributed on April 1 and an additional $1.5 million will be distributed in performance-based awards to SHIPs in September. This funding represents a $20 million increase in SHIP funding over FY07.

SHIPs are state-based programs that use community-based networks to provide Medicare beneficiaries with local, personalized assistance on a wide variety of Medicare and health insurance topics. CMS expects the SHIPs to use the increased 2008 funding to conduct community-based programs targeted at reaching more beneficiaries who are unable to access other sources of information such as the CMS online tools. Read the press release.

posted on 6/10/2008 7:26:46 AM (CST)  Permalink