MCMURRAY, Pa.--(BUSINESS WIRE)--Mark Farrah Associates (MFA), www.markfarrah.com announces the release of the 2018 Medicare benefits and star ratings data in Medicare Benefits Analyzer™ (MBA). MFA maintains this online product to help Medicare and prescription drug plans access and use Medicare Plan Finder (MPF) data more efficiently in order to analyze their positions and target opportunities in the highly competitive Medicare marketplace. Medicare Benefits Analyzer™ presents the latest plan premiums, PCP and specialist co-pays, prescription drug tier pricing, co-pays for inpatient and outpatient procedures, specialty benefits and many additional data elements in a comparative database format. In addition, MBA includes monthly enrollment updates as well as Medicare Star Quality Ratings. Customers now have access to this important information for the upcoming 2018 calendar year.
The Centers for Medicare and Medicaid Services (CMS) began posting 2018 plan information on Medicare.gov as of October 1st in preparation for Medicare Open Enrollment. The Open Enrollment period between October 15th and December 7th provides the best opportunity for companies selling Medicare plans to attract new members. Product managers are implementing strategies now to boost 2018 enrollment while retaining as many existing MA (Medicare Advantage) and PDP (prescription drug plan) customers as they possibly can. Insurers also use Medicare Benefits Analyzer™ for market analysis when preparing competitive bids for submission to CMS.
Subscribers to Medicare Benefits Analyzer™ use interactive tables and the file export library to download MA and PDP benefits data to assess which plans have competitive selling advantages county by county. MBA subscriptions include Medicare Business Online™ for access to monthly enrollment data. For more information about Medicare Benefits Analyzer™, visit the product page on the Mark Farrah Associates website at http://www.markfarrah.com/products/medicare-benefits-analyzer.aspx.
About Mark Farrah Associates (MFA)
Mark Farrah Associates is a leading business information provider in the health insurance sector. We provide health plan market data and analysis tools for the healthcare industry and our products include Health Coverage Portal™, County Health Coverage™, Health Plans USA™, Medicare Business Online™, Medicare Benefits Analyzer™ and SHCE & MLR Annual Data™. To learn more about our products, access the product brochures and preview videos in the Products section of our website at www.markfarrah.com.