Medicare Advantage Premiums To Decrease in 2016

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Federal agencies stated that there will be a 31 cents decrease in the average Medicare Advantage premiums from 2015. Centers of Medicare and Medicaid Services (CMS) stated that 60% of Advantage beneficiaries will not see an increase in their premium next year. CMS is also attempting to push out the health plans that do not meet the quality standards. CMS wants to provide the beneficiaries with the best plans to choose from that will protect the consumers. Medicare’s annual enrollment period begins October 15, 2015. More information can  be found at modernhealthcare.com.

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