We all knew it was coming, but hoped it wasn\u2019t \u2013 the decreased payments to Medicare Advantage insurers for 2010 which will affect health insurance quotes.<\/p>\n
While many in the nation hoped that they had heard wrong about funding cuts to Medicare, the recent announcement in late July 2009 sealed the deal. The Centers for Medicare and Medicaid Services put their mouth where their money is and confirmed cuts in funding to Medicare Advantage insurers by as much as 4 to 4.5 percent starting in 2010. This move will put many insurers out of business and the additional costs will likely be handed down to seniors. This will also mean that affordable health insurance<\/a> may become difficult to find.<\/p>\n While it\u2019s not clear yet how the lower rates will impact senior\u2019s private health insurance plans, it\u2019s likely the lower reimbursements will impact earnings for private insurers who, in turn, will fob the higher (more…)<\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":" We all knew it was coming, but hoped it wasn\u2019t \u2013 the decreased payments to Medicare Advantage insurers for 2010 which will affect health insurance quotes. While many in the nation hoped that they had heard wrong about funding cuts…<\/span><\/p>\n