Medicare Advantage plans are a prime target of the Obama administration. Congress is looking for ways to reduce their contribution to private insurance carriers to fund Advantage plans.
Medicare Advantage plans cannot be offered in every area. Medicare sets forth specific guidelines for Advantage plans including the number of hospitals and participating doctors they must include in their network.
Over the next few years you can expect to see fewer Advantage options, fewer participating providers, higher premiums, higher copay's.
They are not going away, but you may find fewer reasons to choose an Advantage plan over a Medigap plan.
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Medicare Advantage plans cannot be offered in every area. Medicare sets forth specific guidelines for Advantage plans including the number of hospitals and participating doctors they must include in their network.
Over the next few years you can expect to see fewer Advantage options, fewer participating providers, higher premiums, higher copay's.
They are not going away, but you may find fewer reasons to choose an Advantage plan over a Medigap plan.