- Medicare Advantage
Patient Protection and Affordable Care Act
Under the new Patient Protection and Affordable Care Act it is my understanding that these are some changes that might affect folks on Medicare that have Medicare supplements as an option. · Medicare advantage payments from the government to the insurance companies will freeze in 2011 at 2010 levels. o That results in plans increasing premiums, reducing the number of counties they are offered in, and increasing co-pays for the Medicare beneficiary. · Starting in 2011 the annual coordin...
Chris G. Hardin
Future of Medicare Advantage Plans
Baucas Tackles Cuts in Subsidies for Medicare Advantage Montana Senator Max Baucas, Chairman of the U.S. Senate Finance Committee, wants to reduce funding of Medicare Advantage Plans. Why? Because a government study showed that insurance companies on average were being paid an additional 13% above the cost of traditional Medicare. What would be the result of this? There are several things that could happen. One is that once the funding is reduced, insurance companies might withdraw from the Medi...
Dallas Morning News Article - Medicare Advantage Plans
Below is an excellent article on the subject of Medicare Advantage Plans everyone should consider. Handle with care Seniors signing up for private Medicare could discover gaps in their coverage 12:00 AM CDT on Tuesday, May 1, 2007 By BOB MOOS / The Dallas Morning News firstname.lastname@example.org Effie Hubbard thought she had signed up for a private Medicare plan that would ease her worries about paying for health care. MILTON HINNANT/DMN Merlin Jones found that his wife's Medicare Advantage plan did no...