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Article: Medicare Advantage Plans Expand Coverage to Seniors, Lower Costs for Enrollees; New Plans Entering Medicare Advantage Program, Providing More Choices and Lower Costs for Beneficiaries.
- Article from:
- PR Newswire
- Article date:
- October 6, 2004
CopyrightCOPYRIGHT 2004 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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WASHINGTON, Oct. 6 /PRNewswire/ -- HHS Secretary Tommy G. Thompson announced today Medicare Advantage plans were seeking to expand coverage to 1.6 million additional seniors and persons with disabilities, while also lowering their premium and out of pocket covered services costs by an average of 10 percent and providing more benefits -- evidence that the new Medicare Modernization law is a successful investment in seniors and their access to better health care benefits.
Secretary Thompson said that 35 Medicare Advantage plans had made new applications to provide coverage and 22 had applied for expansion of service areas. If approved this translates into 1.6 ...