Private Medicare Advantage Could Hit 70% Market Share

  • 📰 Forbes
  • ⏱ Reading Time:
  • 45 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 53%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Enrollment of seniors in private Medicare Advantage plans could reach 70% of those eligible for federal health benefits for the elderly between 2030 and 2040

Sens. Kirsten Gillibrand, D-N.Y., Bernie Sanders, I-Vt., left, and Jeff Merkley, D-Ore., conduct an event to introduce the"Medicare for All Act of 2019" in Dirksen Building on Wednesday, April 10, 2019. ,For now, the regulatory and political environment remains positive for expansion of Medicare Advantage, which allows private health plans to contract with the federal government to provide medical benefits to seniors.

Health insurers see growth thanks in part to changes by the Trump administration in regulations that allow Medicare Advantage plans to cover more supplemental benefits. MA plans are also benefitting from more than 10,000 baby boomers turning 65 every day and becoming eligible for Medicare. A wild card could emerge after the 2020 Presidential elections should supporters of a single-payer version of “Medicare of All” succeed in their efforts and potentially diminish the role of insurers in the Medicare program.

With two dozen Democrats running for President in 2020 to challenge Donald Trump in 2020 should Republicans re-nominate him to run for re-election to a second term, the Democratic Party’s candidates are backing everything from a single payer approach to Medicare for All to efforts that allow Americans under the age of 65 to buy into Medicare coverage.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 394. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Should never be Medicare for all. Medicare is for Retired people. The Medicare process should be copied for a Government Health Care solution.. realDonaldTrump GOP

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Social-media stocks, telecom shares lead stock market to narrow win ahead of Fed meetingU.S. stocks eked out modest to slight gains on Monday, powered by a climb in shares of technology-related and communication services shares. The Dow Jones...
Source: MarketWatch - 🏆 3. / 97 Read more »