Health Payer Intelligence September 28, 2018
Thomas Beaton

Medicare Advantage premiums will decrease by 6 percent in 2019 as health plan choice and affordability increases for beneficiaries.

CMS officially announced a six-percent decrease in Medicare Advantage premiums in 2019 as the result of MA enrollment, health plan options, and benefits increase. All signs point to the MA marketplace continuing to be a lucrative market for payers.

CMS stated that the average 2019 MA premium will decrease from $29.81 to $28.00 and improve health plan affordability for most beneficiaries. Eighty-three percent of MA enrollees are expected to have either the same or a lower premium in 2019. CMS estimates that 46 percent of MA beneficiaries in their current plan will have a $0 premium.

In addition, Medicare Advantage is...

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Topics: CMS, Govt Agencies, Insurance, Medicare Advantage, Patient / Consumer, Payer
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