WASHINGTON, July 9 /PRNewswire-USNewswire/ -- The Congressional Budget
Office (CBO) estimates that Medicare legislation currently being considered
in the U.S. Senate (H.R. 6331) would decrease enrollment in Medicare
Advantage by about 2.3 million individuals over the next five years. Karen
Ignagni, President and CEO of America's Health Insurance Plans (AHIP)
issued the following statement:
"More than two million seniors across the country stand to lose their
Medicare Advantage benefits if these cuts become law. This could have
devastating impact on seniors who rely on the extra benefits and lower
out-of-pocket costs these plans provide. While it is important that
Congress address the physician payment issue, they shouldn't take away
seniors' health care choices in the process."
The CBO report is available here:
http://www.cbo.gov/ftpdocs/95xx/doc9550/hr6331GreggLtr.pdf.
America's Health Insurance Plans - Providing Health Benefits to More
Than 200 Million Americans
SOURCE America's Health Insurance Plans
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Related links:
http://www.ahip.org
http://www.cbo.gov
CONTACT:
Robert Zirkelbach of America's Health
Insurance Plans, +1-202-778-8493
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