Enrollment is up for Medicare Advantage plans, the private plan alternative to Medicare's traditional fee-for-service program, and premiums for beneficiaries are down, according to a report from the Government Accountability Office (GAO).
The GAO report, released December 1, found enrollment in Medicare Advantage plans increased by about 6%, from 7.9 million to 8.4 million beneficiaries, from April 2010 through April 2011, and the premiums seniors paid for these plans decreased 14%, saving them nearly $50 million. The average monthly premium decreased from $28 to $24 (http://tinyurl.com/7jf2cxp).
Mitka M. Medicare Advantage. JAMA. 2012;307(2):134. doi:10.1001/jama.2011.1928