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Medicare Advantage Payments to Rise

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April 9, 2018

Medicare will increase payments for Medicare Advantage plans by an average of 3.4% in 2019, according to the Centers for Medicare & Medicaid Services (CMS).  The change from a 1.84% increase the agency proposed in February is due to rising health costs, said CMS.

 

Medicare Advantage is a voluntary program that offers Medicare beneficiaries health insurance plans from private companies.  Some 21 million beneficiaries participate.