House Bill Has Bad News for Seniors: Two-Thirds Would Lose Medicare Advantage Plans
This is from the Centers for Medicare and Medicaid Services (CMS) Chief Actuary’s report:
- “Providers for whom Medicare constitutes a substantive portion of their business could find it difficult to remain profitable and might end their participation in the program (possibly jeopardizing access to care for beneficiaries).” [Page 8]
- “The Medicare Advantage rebate cuts would result in “less generous benefit packages.” [Page 8]
- “Enrollment in MA plans would decrease by about 64 percent.” [Page 8]
- “The additional demand for health services could be difficult to meet initially with existing health provider resources and could lead to price increases, cost-shifting, and/or changes in providers’ willingness to treat patients with low-reimbursement health coverage.” [Page 14]
When are the seniors going to realize that AARP has sold them out?
I assume that is not a misprint. Almost two-thirds of the members of Medicare Advantage plans are going to lose their coverage?
Ken, I am a senior and I figured out that AARP is selling us out a long time ago.
I wonder if there is some kind of criminal act here that they could be prosecuted for.
Dear everyone,
My part D plan IS AARP Medicare RX Preferred. What do you mean about them selling us out? I “Hate Obama’s Death Plan especially because I’m disabled and middle aged. I know he? has no use for the likes of me. I’m glad Jesus is my Savior because although I know HE’S in control sometimes I still get a little scared.
Esther
Medicare Advantage competes with Medicare supplemental policies like those sold by AARP.
Large groups of people have preferred Medicare Advantage plans to Medicare supplemental policies.
Therefore it makes good business sense for rent seekers like AARP to seek to eliminate Medicare Advantage. To paraphrase, with sarcasm intended, “what’s good for AARP is good for America” and if people disagree they don’t know what is good for them.