Obama administration announces Medicare Advantage premium cuts

09/21/2010 | New York Times (tiered subscription model), The

Medicare Advantage premiums will decrease by 1% next year, and enrollment into the plans is expected to grow 5%, officials from the program said. The cuts, which were approved after talks between insurers and CMS officials, could result in $136 billion in savings over the next decade -- due in part to stricter constraints on rates in future years.

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New York Times (tiered subscription model), The

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