Recently Medicare announced that Medicare Advantage monthly premiums are projected to be at their lowest point in 13 years. “Medicare Advantage premiums in 2020 are expected to decline 23 percent from 2018 while plan choices, benefits and enrollment continue to increase”, Medicare said.
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In a recent study released by the Rand Corporation, the authors describe a national healthcare pricing system with vastly different costs depending upon where you live and your insurance benefits. These differences will certainly have an impact on the upcoming political debates. Managers of risk, claim and other corporate benefit functions will benefit from reading and understanding the findings of this study.