U.S. States Push Marketing Control of Private Medicare Plans
The marketing of private medicare plans is governed by the principles and code of ethics of the marketing industry. However, there comes a time when marketing practices become too aggressive and customers are left with less freedom over choosing the perfect medicare plan for them. This must be the main reason why some U.S. states are seeking more regulatory authority over the marketing of medicare plans. Or so they believe.
MedicalNewsToday.com shares that several states will soon ask Congress to let them set marketing standards for private medicare plans. Apparently, they are continuously flooded with complaints regarding the “abuses” of firms selling medicare plans. I think that if this is really the case, then pushing for more regulatory authority is justified. Let’s see in the next few weeks if Congress shares the same viewpoint.
For more juicy details, click here.