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Enrollment in Medicare Advantage continues to climb steadily as spending reductions enacted in the Affordable Care Act reduce historical overpayments to the private plans, according to a new analysis by the Kaiser Family Foundation. But limits on out-of-pocket spending for Medicare-covered services are rising, providing less protection for enrollees with relatively high health care expenses. Medicare Advantage enrollment grew in …
October 15th starts the Medicare Open Enrollment period for 2015. Now is the time to change plan benefits, provider networks, drug formularies and monthly premiums. During the Medicare Open Enrollment period, October 15th to December 7th, all Medicare beneficiaries have the option to change their plans for 2015. This includes anyone with Original Medicare, a Medicare Advantage Health Plan or …
Medicare beneficiaries who want to make changes to their prescription drug plans or Medicare Advantage coverage can do so starting Oct. 15 during the Medicare’s program’s annual open enrollment period. There will be somewhat fewer plans to pick from this year, but in general people will have plenty of options, experts say. And although premiums aren’t expected to rise markedly …
