For several years now we've heard warnings that billions of dollars in funding cuts to Medicare Advantage plans under the Patient Protection and Affordable Care Act will result in reduced benefits and higher premiums as well as smaller provider networks and fewer plans.
In fact, the Congressional Budget Office projected the cuts would result in 3 million fewer enrollees in MA over the long run.
In the short run, however, plans seem to have done a great job keeping coverage as affordable as possible, and enrollment in MA plans remains high.
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