Millions
Of Your Benes Could Lose Their Medicare Advantage
Coverage
WASHINGTON,
D.C. (Managed Care Wire): Proposed legislation
in the House of Representatives could put nearly
three million seniors in dire straits when they're
forced out of coverage.
The
Congressional Budget Office reported that under
the CHAMP Act, Medicare Advantage (MA) enrollment
"would fall from approximately 8.2 million
currently to 5.5
million in 2012, a reduction of 33 percent from
current enrollment levels," reports America's
Health Insurance Plans (AHIP). If passed, millions
of your benes will lose access to valuable services
such as preventive and disease-management services,
coordinated care, enhanced benefits, and the out-of-pocket
protection that MA plans provide, according to
AHIP.
"This
legislation would be devastating to millions of
seniors who count on Medicare Advantage for their
health security," said Karen Ignagni, president
and CEO of AHIP. And the bill would affect your
remaining benes as well, she noted. Most of the
5.5 million remaining seniors with MA coverage
would suffer from significant benefit cutbacks
as a result of the reduction in your payments.