(The Center Square) – Seniors account for 51% of Medicare Advantage enrollment, and a fair number of them may soon lose $30 to $50 in value of supplemental benefits.
Reevaluation of the insurer reimbursement rate cut for 2025 is being urged of the Centers of Medicare & Medicaid Services. A letter to Chiquita Brooks-Lasure, the administrator, was signed by 45 Republican members of the U.S. House of Representatives.
Medicare Advantage is chosen often because it provides lower cost, contains out-of-pocket spending limits, care coordination, and additional benefits for dental and vision. The insurer reimbursement rate cut of nearly 0.2% for 2025, coupled with analysis of medical inflation by 4% to 6% in 2025, means an average reduction in value of supplemental benefits, premiums and cost sharing of $33 per month.
Some could be $50.
In the letter, the congressional delegation writes, “In addition to lower costs
Read more…
