Mmastodon BusinessEconomy first seen 16 h ago, last 5 h ago, peak #8
Insurers cut Medicare Advantage plans and raise costs
Original: # HealthCare "major insurers broadly reduced their plans while increasing cost sharing for enrollees in the plans that r
Major US health insurers are broadly reducing their Medicare Advantage plan offerings while increasing cost sharing for enrollees in the plans that remain, according to data cited in coverage spreading online. As a result, hundreds of thousands, if not millions, of beneficiaries could see their current Medicare Advantage plan eliminated, prompting concern among patients and advocates about access and affordability.
Why now: Beneficiaries are facing plan cancellations and higher costs in the latest Medicare Advantage cycle, a change with immediate impact on millions of people.
Medicare AdvantageUS health insurers
Evidence
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