Economy

August 11, 2010

Medicare Advantage's benefits, and cuts, vary by state

For the 11 million people signed up for Medicare Advantage plans, their future with the popular program may depend on where they live. To help finance the health care overhaul legislation, Congress cut $136 billion over 10 years from the program, in which private insurers provide Medicare health plans for seniors. The private plans, which the government pays a flat fee for each enrollee, were a likely target: They cost the government much more per beneficiary, on average, than traditional Medicare does, according to Medicare's advisory commission.

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