Navigation Links
Tennessee Seniors' Medicare Advantage Benefits at Risk
Date:7/11/2008

Tennessee to see approximately $175 million in cuts

WASHINGTON, July 11 /PRNewswire-USNewswire/ -- Hundreds of thousands of Tennessee seniors could lose important benefits and pay more out of pocket for health care, while thousands more could lose their Medicare Advantage plan altogether under legislation approved this week by the U.S. Congress.

The legislation (H.R. 6331) would cut nearly $14 billion from the Medicare Advantage program over a five year period, including cutting an estimated $175 million in Tennessee alone and severely cut back the areas where Medicare private fee-for-service plans can operate, adversely impacting more than 45,000 Tennessee seniors enrolled in these plans.

"It's unfortunate that Congress chose to cut the Medicare Advantage program that so many seniors rely on," said Karen Ignagni, President and CEO of AHIP. "Seniors enrolled in Medicare Advantage could face limited choices, reduced benefits, and higher out-of-pocket costs if these cuts became law."

The Congressional Budget Office estimates that H.R. 6331 would decrease enrollment in Medicare Advantage across the country by about 2.3 million individuals over the next five years. The full report is available here: http://www.cbo.gov/ftpdocs/95xx/doc9550/hr6331GreggLtr.pdf.

Following passage of the legislation, seniors across the country have been voicing their strong opposition to the proposed reduction in funding for Medicare Advantage. White House officials have stated that the president intends to veto the bill and send it back to Congress. Two-thirds super-majorities are required in both the U.S. Senate and House of Representatives to overturn a veto.

Nearly 200,000 Medicare beneficiaries in Tennessee currently rely on Medicare Advantage to meet their health care needs. These plans offer additional benefits and services that are not available in traditional Medicare, including reduced out-of-pocket costs; $0-premium comprehensive drug coverage; vision, hearing, and dental coverage; wellness programs; and disease management and care coordination programs. Medicare Advantage enrollees save an average of $90 per month -- through improved benefits and lower out-of-pocket costs -- compared to what they would pay in traditional Medicare.

A recent survey found that most seniors, including those in traditional Medicare, opposed cutting Medicare Advantage to fund the physician fix and believe these cuts would have a negative impact on Medicare Advantage beneficiaries. Click here to learn more about this survey: http://www.ahip.org/content/pressrelease.aspx?docid=23678.

America's Health Insurance Plans -- Providing Health Benefits to More Than 200 Million Americans


'/>"/>
SOURCE America's Health Insurance Plans
Copyright©2008 PR Newswire.
All rights reserved

Related medicine news :

1. AMERIGROUP Renews Contract with Tennessee
2. SXC Health Solutions announces three-year $35 million PBM contract with the State of Tennessee
3. Governor Bredesen Declares Tennessee Patient Advocacy Day to Promote Healthcare Accessibility for All
4. AMERIGROUP Provides Status on Tennessee Rate Increase and Effect on 2008 Guidance
5. University of Tennessee Medical Center Initiates Patient-Specific Medication Management With SinglePointe(TM) Solution From Omnicell
6. ACS Expands State Medicaid Presence with $156 Million Tennessee Contract
7. Tennessee County Health Rankings Released
8. Arkion(R) Life Sciences Receives Crisis Exemption to US EPA Section 18 Approval in Mississippi and Tennessee to Market Avitec Corn Seed Treatment
9. Tennessee Youth Named National Epilepsy Spokesperson
10. 2008 Building Biology(R) Conference, April 19th & 20th, Hotel Radisson at Opryland, Nashville, Tennessee
11. Shared Health Partners With State of Tennessee to Provide Electronic Health Information for Statewide Health Information Network
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:5/26/2016)... ... May 26, 2016 , ... On May 23rd during the National ... Science® and international water advocate, was honored by Ashram, Inc. as the world’s foremost ... who knelt on the banks of the Nile to fill their red clay pots ...
(Date:5/26/2016)... ... May 26, 2016 , ... The introduction of our ... PROTECTION TO YOUR HEAD ™”. , “We are proud to introduce Meghan ... football front we have Brian Quick, wide receiver for Los Angeles who was a ...
(Date:5/26/2016)... ... 26, 2016 , ... Metcalf & Associates’ Maureen Metcalf ... experience in leading technology and human resources operations for health care, education, banking, ... be featured on Metcalf’s VoiceAmerica radio show , Innovative Leaders Driving Thriving ...
(Date:5/26/2016)... , ... May 26, 2016 , ... May 2016 – ... so central to popular cosmetic improvement efforts. Record numbers of clients now ask about ... prominent or pouty, says Kally Papantoniou, MD, of Advanced Dermatology P.C. , ...
(Date:5/26/2016)... ... May 26, 2016 , ... ... is happy to announce the launch of its brand equity product, Brandvantage. ... to reflect the dynamic landscape of modern consumer decision-making. The proprietary framework ...
Breaking Medicine News(10 mins):
(Date:5/24/2016)... New Zealand , May 24, 2016 ... and informatics solutions for the healthcare sector, has been named ... New Zealand Hi-Tech Awards 2016. Dr Bruce ... fantastic acknowledgement for our team.  It,s really good to be ... burden healthcare internationally. Our products are used in 35 countries ...
(Date:5/24/2016)... Los innovadores de COMBO[TM], ... introduce catéteres para la intervención de extremidades inferiores ... global especializada en el suministro de soluciones vasculares ... incluyendo productos para tratar la enfermedad arterial periférica. ... los dispositivos de primera entrada de la compañía ...
(Date:5/23/2016)... , May 23, 2016 ... Handling Equipment Market by Product (Wheelchair, Scooters, Medical ... (Bariatric Care, Critical Care, Wound), Accessories (Lifting, Transfer) ... to 2021", published by MarketsandMarkets, the patient handling ... Billion by 2021 at a CAGR of 10.5% ...
Breaking Medicine Technology: