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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.


 


 

 

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