WASHINGTON — Virtually none of the 11 million seniors who choose private health insurance plans under Medicare will lose access to those plans next year, federal officials announced Tuesday, despite fears that strict payment rates under the new health care law would cause some insurers to drop out.
In addition, average monthly premiums in the popular Medicare Advantage program will drop by 45 cents, or slightly more than 1%, following negotiations between the government and private insurers. This year, premiums rose by about 15%.
Full story: http://www.usatoday.com/news/washington/2010-09-21-medicare_N.htm
