Medicare Advantage Plans Still Popular as Premiums Fall
Medicare Advantage is becoming more popular among senior citizens in the United States as premiums fall, a direct contradiction of what Republicans said about Obama’s health care law halting the expansion of the program.
A lot of bad press came out when the Congress gave a stamp of approval to the Affordable Care Act early 2010 but as of April 2011, enrollment in Medicare Advantage grew as the average monthly premium fell to $24.
Republicans complained then and said that the Act will reduce the coverage options for senior citizens. The law will cut $541 billion from Medicare as indicated in its 10-year plan lowering premiums along the way.
Recent developments does not settle long-term fears though, but as what the numbers suggest now, experts say, the new health care law will definitely not hurt enrollment in Medical Advantage.
According to sources, enrollment has doubled since 2005. Also it’s a good news, that the Affordable Care Act is getting positive feedback from many of America’s seniors. Nancy-Ann DeParle, a spokeswoman for the White House wrote on the White House blog that the said health care overhaul is “working for America’s seniors.”
The White House told the press recently that President Obama is committed to make the program a lot stronger indicating that the overhaul in health care law will expand previous coverage offered while lowering monthly premiums at the same time.
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