Medicare Advantage Plans grow amid pay cuts by the Obama Administration

Although complaining about the proposed cuts to Medicare Advantage plans, more private insurance companies are entering the government health program to offer health services to seniors. The healthcare insurance industry is in a tizzy over the Obama administration’s proposal to cut payments to Medicare Advantage plans in 2014, with reports claiming a cut by as [...]

Medicare Beneficiaries Happier With Coverage Than Non-Seniors, Survey Says

Health Affairs’ recent poll results show that only 8% of Medicare beneficiaries 65 or over rated their coverage “fair” or “poor,” the nonprofit Commonwealth Fund found.  By comparison, 20% of those with employer-based coverage gave their insurance plan low marks.  And 33% of people who bought insurance on their own reported unhappiness with their coverage. [...]