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Medicare Advantage may sound like a new concept, but the fact is this form of health insurance has been in existence since the 1970s. Medicare Advantage caters for the U.S. population and was derived from the Original Medicare, which has been in existence for decades. One of the benefits of embracing Medicare Advantage plans is the fact you can also access extra coverage like hearing, vision and dental care. All these packages require you to subscribe for the services.

For part B premiums, most people in 2016 are paying only $104.90 monthly, although there are also annual plans that may appear cheaper in the long run. In the event you need services that are not mentioned in your plan of choice and you are denied cover, you have the right to appeal for a re-consideration of your case. You can also opt to submit an advance coverage decision in writing to notify the insurer about your preferences. This will make it easier to process any requests that are not contained in the Parts A and B of the Medicare Advantage plans.

Out-of-pocket limits
Every Medicare Advantage plan offers a specific out-of-pocket limit. For example, HMO plans like InnovaCare offer a maximum out-of-pocket cost of $6,850. The limits may vary from time to time and may appear high to some users. Additionally, you cannot include cost-sharing, which would be expensive than using Medicare Advantage for some services.

Each plan comes with unique rules, so before buying any it is wise to first understand what you are choosing. InnovaCare Health rules specify where and how you can receive coverage. They spell out all the items that can be covered by the specific plan you have chosen, so it is advisable to confirm how the plan works before choosing.

About InnovaCare Health
Driven by the need to offer quality and innovative healthcare practices, InnovaCare Health has emerged a market leader in the North American region for offering reliable managed healthcare services. InnovaCare Health derives pride in effectively managing the two major avenues of care, Medicare Advantage and Medicaid Programs.

Under the leadership of Dr. Rick Shinto, InnovaCare Health has been able to emerge a leader in the North American region. Dr. Richard Shinto brings along years of experience and skills in different areas of healthcare.

Also in the leadership of the company is Penelope Kokkinides, the current Chief Administrative Officer. He also enjoys more than 20 years of experience working in the healthcare industry and offering advice on various technical issues.

Learn more about InnovaCare Health: https://www.pmcpr.org/nonmembers/corporate/ceo.html

In February 2016 the Middlesex County Improvement Authority did not make payment on a $20 million loan from the Casino Reinvestment Development Authority (CRDA) as reported by Press of Atlantic City. The loan was for the construction of a hotel and conference center in New Brunswick called the “Heldrich”.

The New Brunswick Development Corporation (Devco) received the funds from the Improvement Authority and was responsible for the hotel’s creation. Christopher Paladino, who heads the corporation and was responsible for arranging the $20 million loan, said, “CRDA will be paid, but it’s going to take a couple more years.”

DEVCO, established in the 1970’s, has managed over $1.6 billion in development investments for New Brunswick. Most of these projects have been for mixed-use. The funding for these projects have come from both private and municipal sources.

The total for the hotel loan was $107 million. The CRDA chipped in $20 million and the rest came from municipal bonds issued by the Middlesex County Improvement Authority. The hotel is supposed to repay the bonds from revenues. Opening in 2007, the hotel has yet to be profitable. Devco recently had to insert $776,000 of its own money to replace mattresses and carpets.

Paladino also runs the Atlantic City Development Corporation and will be using $120 million from the CRDA to develop the Chelsea Gateway project. This project is a satellite campus for Stockton University.

Officials from the Atlantic County Improvement Authority believe the Chelsea project won’t see the same difficulties the Heldrich. They believe the loan for the new campus to be secure and carefully underwritten.

The one bump in the road for Devco may be the bill that governor Chris Christie signed that bars any state agency from giving money to a business or nonprofit that has defaulted on a state-issued loan.

 

M&A Advisor announced that Madison Street Capital was one of the finalists for the 2016 awards. This will be M&A Advisor’s 15th annual awards ceremony. The awards are highly revered as the peak of achievement in the field of finance. The body was founded in 1998. Over the years, it has been recognizing deal-making excellence. In addition, it takes cognizance of the leading entities in terms of restructuring and financing. Through the awards, successful companies are connected with top performers as well as successful companies and individuals throughout the world. Apart from being nominated for Boutique Investment Banking Firm of the Year, Madison Street Capital has also been nominated for the International and Industrial Deal of the Year in the category of under $100MM. This nomination was made in recognition of the leading role that the company played in facilitating Dowco’s acquisition of Acuna & Asociados S.A.

The senior managing director of Madison Street Capital, Karl D’Cunha, played a pivotal role in facilitating the transaction. The founder and chief executive officer of Madison Street Capital, Charles Botchway, expressed the company’s pleasure of succeeding in helping their long-term client, Dowco, with the acquisition process. He went ahead to express their humility for being nominated for the Boutique Investment Banking Firm of the year category. Karl pointed out that the acquisition of the Acuna & Asociados S.A. was a complex transaction. He was happy for being recognized for the hard-earned achievement. The winners of the awards are scheduled to be announced in November 9 2016, at the New York Athletic Club. This information was originally reported on Benzinga.com as outlined in the link below http://www.benzinga.com/pressreleases/16/08/r8401008/madison-street-capital-announced-as-finalist-for-the-15th-annual-m-a-ad

About Madison Street Capital, LLC

Madison Street Capital is an international investment banking company based in Chicago. It provides corporate financial advisory services and financial opinions to its broad client base. In addition, Madison offers advice on merger and acquisition expertise as well as availing valuation services to both private and public businesses. The company works on the principles of excellence, integrity, leadership and service, which enables clients to prosper in the global market place. These services range from raising of capital and financial advisory services to M&A transactions and transfer of ownership. They help businesses with their acquisition and selling processes besides creating solid exit plans and offering solutions on corporate governance.

The company has enlisted the services of experts. These professionals ensure that each client is able to start businesses and brands that match the unique clients’ needs. Over the years, the company has continuously focused on significant assets in the upcoming markets. This is because these emerging markets are the core components for clients’ growth. The company’s team of professionals is highly talented and has a deep understanding of the clients’ diverse needs. Madison Street Capital is highly committed to enhancing customer satisfaction. To this end, they have embraced the client’s goals and objectives by observing high standards of professionalism. The investment-banking firm has other offices in North America, Asia and Africa. This information was originally published on

Madison Street Capital’s website as provided in this link http://madisonstreetcapital.org/

Follow Madison @MadStCap

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