Becker's Healthcare March 24, 2023
After a yearslong bureaucratic battle, New York City officials approved an Aetna Medicare Advantage plan for its retired municipal employees, though the plan could be headed for more court battles.
Some retirees hoped to persuade the city to allow them the option to receive their benefits through traditional Medicare. Under this option, the city would pay a fee to Aetna for each retiree that opts out of its plan.
The New York Daily News reported March 22 that New York City Mayor Eric Adams will not keep the option open, because it would undermine the savings the city plans to gain from switching to Medicare Advantage, Mr. Adams’ aides said.
Mr. Adams’ administration estimates Medicare Advantage can...
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