Everyone on Medicare is scared of how the new health law changes are going to affect them in the long run. HR Solutions & Brokerage can help.
People who are paying for Medicare Advantage plans have overpaid, according to recent studies. The Affordable Care Act says that this new law will lower payments to Medicare Advantage plans over the next ten years. These cuts will help to help pay for the Affordable Care Act. Allow HR Solutions & Brokerage help clarify these issues.
Agreed by most lawmakers, the Medicare system shows misuse through abuse, waste of funds and fraud. Lawmakers are trying to implement ways to curb this misuse of funds. In some instances, the Affordable Care Act will increase payments in others it will reduce payments.
Many will drop their Medicare Advantage plans due to increased cost and decreased benefits. Even though, Medicare recipients have been assured that they can keep their plans, these changes may make many to abandon their Advantage plans.
Along with the Affordable Care Act, gain higher premiums for seniors, of at least $50.00 to over $90.00 per month. When the majority of seniors has an income of less than $20,000 annually, this is going to be difficult for them to follow. Contact HR Solutions & Brokerage to explain what is going to happen in the near future.