Will Medicare Advantage Disappear?

  1. 15786 POINTS
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    Bob VineyardPRO
    Founder, Georgia Medicare Plans, Atlanta,GA
    Medicare Advantage plans will probably not disappear completely, but you can expect the landscape to change going forward.

    Obamacare strips over $700 billion from Medicare funding to pay for subsidized health insurance for people under age 65. Reduced funding means:



    Fewer Advantage plan choices
    Smaller networks
    Higher premiums
    Higher deductibles and copay's
    Higher out of pocket
    Answered on February 27, 2014
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  2. 1866 POINTS
    Paul Roth
    Senior Commercial and Annuity Specialist, Freedom Brokers, Marion, Carbondale, Harrisburg IL
    Medicare Advantage, according to some insurance sources, now has more clients than does the Medicare supplement market. Insurance companies have begun to focus on the health and wellness of their customers, and reward their clients for their good behaviors. Having a healthy population brings down the cost for everyone. Silver Sneakers, payment for getting a physical are now part of many Medicare Advantage programs nationwide. This is a good trend for cost containment, and a benefit to your premiums. Those additional benefits and the refocusing on prevention would seem to make the Medicare Advantage choice a popular one for years to come.
    Answered on June 9, 2016
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