Fierce Healthcare September 24, 2020
Medicare Advantage premiums are set to hit their lowest rate since 2007, the Trump administration announced Thursday.
Premiums are set to decline 11% in 2021 compared to plan year 2020, decreasing from $23.63 to an estimated $21 per month on average, the Centers for Medicare & Medicaid Services said.
Medicare Advantage premiums have decreased by an estimated 34.2% since 2017, CMS said.
“Historically low premiums, massive savings on insulin, and more supplemental benefits represent the welcome fruit of the creative, patient-oriented policies that this administration has made its calling card,” CMS Administrator Seema Verma. “Medicare beneficiaries will feel the...
Today's Sponsors
Today's Sponsor