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Obamacare is cutting approximately $200 billion from these types of plans and much of the reductions will take place in 2014. But recently, more cuts were announced and these will certainly impact many Seniors who may have to pay higher rates or possibly lose coverage.
The most recent changes involve lowering the reimbursement rates that insurers receive from the government.
Part of the funding for the Affordable Care Act (aka: Obamacare) is coming from cuts to the funding for Medicare Part C (Medicare Advantage.)
It is expected that these cuts will increase premiums and reduce benefits for the people on Medicare Advantage and cause many of them to move back to original Medicare.
Only time will tell.
The reduced funding means fewer Medicare Advantage plans from fewer carriers. When you can find a plan expect it to cost more.