Report Discusses Changes in Medicare Advantage Program
May 13, 2010 – A new brochure from the Henry J. Kaiser Family Foundation focuses on upcoming changes in the Medicare Advantage Program.
Entitled “Explaining Health Reform: Key Changes in the Medicare Advantage Program,” the 4-page publication can be downloaded by clicking here.
According to the brochure, “The 2010 health reform law includes provisions to eliminate relatively high payments to Medicare Advantage plans, financially reward high-quality Medicare Advantage plans, and strengthen protections for consumers enrolled in Medicare Advantage plans.”
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In 2010, 24% of Medicare beneficiaries were enrolled in the Medicare Advantage Program. According to Medicare.gov, plans in this program “may cover more services and have lower out-of-pocket costs than the Original Medicare Plan. Some plans cover prescription drugs. In some plans, like HMOs, (enrollees) may only be able to see certain doctors or go to certain hospitals to get covered services.”