Infographic: Medicare Advantage Cuts — Higher Costs and Reduced Benefits

Tuesday, April 2nd, 2013
This post was written by Melanie Matthews

Medicare Advantage plan members will face higher premiums, reduced benefits, and loss of coverage options if new Medicare Advantage cuts proposed by the Centers for Medicare & Medicaid Services (CMS) take effect next year. CMS recently proposed a 2.3 percent reduction in Medicare Advantage payments for 2014 at a time when medical costs are projected to increase by three percent. The new proposed payment cuts are in addition to the Medicare Advantage cuts and the new health insurance tax included in the Affordable Care Act (ACA).

An AHIP infographic highlights the proposed changes and impact.

Medicare Advantage Cuts: Higher Costs and Reduced Benefits

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You may also be interested in this related resource: Healthcare Trends & Forecasts in 2013: Performance Expectations for the Healthcare Industry.

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