Posted on 04/01/2013 4:08:26 PM PDT by Jean S
(CNN) -- Millions of Americans who get their health insurance through the Medicare Advantage plan could soon be paying more for coverage, according to an announcement expected Monday.
The Centers for Medicare and Medicaid Services (CMS) will announce on Monday the final Medicare Advantage rates for 2014, which are expected to be cut, saving the government money -- but potentially costing the public more.
CMS had initially proposed a 2.3% reduction in what the government pays the insurance companies that provide the plans. Upset by that scenario, the insurance companies have spent the public comment period time lobbying legislators and running ads against the cut.
Ads from the America's Health Insurance Plans' Coalition for Medicare Choices called the proposal "drastic" and "too much" and featured seniors saying they can't afford to pay more for health care.
About 25% of the 47 million Americans on Medicare pay more to have Medicare Advantage. The plans are run by private insurance companies that are reimbursed by the government for doing so.
The plans vary, but they offer the elderly more than they would get with regular Medicare. Most plans offer prescription drug coverage; some also offer dental and vision. All the plans cap a person's out-of-pocket expenses, while regular Medicare does not.
(Excerpt) Read more at cnn.com ...
My prescription copay increased $80.00 per month on the 1st of this year.
We’re all screwed because we don’t vote right.
That's ok, because half of them will be consigned to the death wards to cut costs anyways.
/s
I’ve noticed that the media doesn’t seem as reticent as they usually are in reporting this story. I wonder if it’s because they know, as some of us think, that this was always intended to lead to single-payer, completely socialised “healthcare” and they’re helping to lay the groundwork. They can just ignore that none of this was “supposed” to happen.
as long as my rates keep going up, I seriously am worried about other peoples....the rats got their usual AARP crowd in their pocket so let them suffer along with we workers...
You may be right about AARP members, but seniors as a group went heavily for Romney.
That’s one of the demographic problems we face as 2.5 million of them die every year and are replaced by young, mostly minority, overwhelmingly D voters.
And thanks to the CBS/NBC/AARP, etc.. it will be... “those damn Republicans...”
Check out the conditions and coverages of various plans.
In my state one MA plan has a $150 deductible before their prescription drug plan kicks in. Other MA plans have no deductible.
MA premiums vary from $0 to over $200, depending on the coverage types.
They blame Republicans. All you need to know.
“the rats got their usual AARP crowd in their pocket “
Anyone that belongs to AARP is a socialist fool!
Just something else for Barry to blame on the dumbass GOP! They’ll fall for it too.
Our government sucks in every way. Demorats and libtard ass hats prove me wrong. You communist fu*ks.
I don’t mind paying more for this product/service. Costs are going up and I should pay my way. Now if we could just get the dems to do likewise.
CMS reversed itself. Instead of 2 percent cuts there will be a 3 percent increase.
So, I read the headline, and I’m sitting here shakin’ my head thinkin’ “WELL, NO SH@$, SHERLOCK!”
Since WHEN is it “NEWS” that some Democrat-enacted ANYTHING caused costs to INCREASE??
I am weary of brain-damaged people acting all shocked and surprised when the inevitable actually happens. It’s not as if nobody told them this would happen — YEARS AGO!
Hey CNN!! Ya pay peanuts; ya get monkeys!! Shaddap about it, already!!
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