How will be the Medicare Plans changing? In 2011, federal support for Medicare advantage plans will probably be frozen at 2010 levels - but by 2017, almost all of those subsidies will likely be gone. So if you're enrolled in an MA plan, keep watch because benefits are poised to alter.
Insurers will also be consolidating Part D Medicare Insurance Plans and/or reducing plan choices - where many advisors once offered you 3 to 4 drug coverage plans, now most offer two.
The aggravating “doughnut hole” on Part D Medicare Plans will likely be around until 2020. Fortunately any time you reach that coverage gap in 2011, you're going to get 50% from the valuation on brand-name prescription drugs covered by your plan. Unhealthy news is the federal government won't be controlling the prices of such drugs - which will be left towards the free market, or rather the pharmaceutical companies and retailers. Reminder that a Medicare Supplement does not cover part D costs.
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