Print

Premiums inching higher for popular Medicare plans

By The Associated Press
Posted 11:00AM on Wednesday 19th September 2012 ( 11 years ago )
WASHINGTON - Monthly premiums for popular Medicare Advantage insurance plans are rising by only $1.47 next year, to an average of $32.59.

The private plans often can provide the same services as traditional Medicare for a lower out-of-pocket cost, but seniors have to accept some restrictions on choice.

About 12 million Medicare recipients are in private plans. Enrollment is projected to rise by more than 1 million next year.

The news follows a recent announcement that prescription drug premiums would remain stable for the third year in a row, about $30 a month.

Since the premium numbers are averages, some people may see their costs go up. They can shop for a lower cost plan.

http://accesswdun.com/article/2012/9/253109

© Copyright 2015 AccessNorthGa.com All rights reserved. This material may not be published, broadcast, rewritten, or redistributed without permission.