Medicare Advantage Premiums To Fall
September 22, 2011
Enrollment expected to rise next year
HHS Secretary Kathleen Sebelius has said that Medicare Advantage Premiums will be about 4 percent less in 2012 and that carriers project enrollment will be up 10 percent. Short-term growth for the administration is good news but the long-term projections as per the chief actuary for the Center for Medicare and Medicaid Services projects that the enrollment will drop by one third by 2016 and 50% by 2018. The federal healthcare law reduces payments to Medicare Advantage Plans gradually, bringing them in line with the average costs under the basic Medicare program. More on this story can be read in the September 16, 2011 NAHU Newswire.
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