KENNEBUNK, Maine, Nov. 13, 2014 /PRNewswire/ -- Mark Farrah Associates (MFA), www.markfarrah.com, a leading provider of market data and intelligence solutions for the healthcare industry, released the 2015 Medicare benefits data and Star Quality Ratings in their Medicare Benefits Analyzer™ (MBA) product last month. MFA maintains this online product to make it easier for health plans and prescription drug plans to analyze their positions and target opportunities in the highly competitive Medicare marketplace. Medicare Benefits Analyzer™ presents more than 100 benefit attributes including 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 24/7 online database format.
Mark Farrah Associates began assembling information from the 2015 Plan Finder data from medicare.gov as soon as CMS (Centers for Medicare & Medicaid Services) released their plan benefits data on October 1st, in preparation for Medicare Open Enrollment. MFA will update the MBA product this month to pick up data for plans that came back into compliance. The Medicare Open Enrollment period began on October 15th and runs through December 7th, providing the best opportunity for companies selling Medicare plans to attract new members. Medicare plans also rely on the Medicare Benefits Analyzer as a resource when preparing product proposals and competitive bids for submission to CMS.
Subscribers to Medicare Benefits Analyzer TM use interactive tables and the file export library to download Medicare Advantage and Prescription Drug Plan data to assess which plans have competitive selling advantages county by county. In addition to the latest plan premiums, co-pays and benefits information, subscribers also receive the latest Medicare star ratings along with measures used to assign the ratings. MFA recently added the new Plan Finder and Star Ratings "Pick & Click" tool where customers can create and save their own custom reports. MBA subscriptions also include Medicare Business Online™ for access to the latest enrollment data, updated monthly. For more information, 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)
MFA is a leading data aggregator and publisher providing health plan market data and analysis tools for the healthcare industry. Committed to simplifying analysis of health insurance business, our products include Medicare Business Online™, Medicare Benefits Analyzer™ Health Coverage Portal™, County Health Coverage™, Health Insurer Insights™, and Health Plans USA™.
Mark Farrah Associates
Ann Marie Wolfe, 207-985-8484
SOURCE Mark Farrah Associates