Medicare Advantage – A Murky Future?
Medicare Advantage, an insurance plan that uses private firms such as Humana and UnitedHealth Group to deliver Medicare benefits, has been significantly affected by the recently enacted Health Care Reform Bill. Approximately ten million seniors are enrolled in these plans. Bottom line, their future is murky, at best, since federal subsidies to the tune of $132 billion used to support them are going to be phased out beginning in 2011. Will Medicare Advantage survive?
Tags: Health Care Reform, medicare, medicare advantage, Medicare Advantage Plans, Speaker Pelosi
