Beginning November 15, Medicare beneficiaries will have an opportunity to sign up for coverage under a Medicare Advantage plan or a Medicare stand-alone Part D drug plan, or change plans if they are already enrolled in either type of plan. The Kaiser Family Foundation is issuing a collection of new and updated analyses examining key elements of the private plan options available to Medicare beneficiaries in 2010.
For both types of plans, beneficiaries could face substantial increases in their premiums if they stay in the same plan for 2010. For example, for Medicare Advantage enrollees who stay in the same plan in 2010, monthly premiums will increase by 32 percent on average, with a steeper 78 percent average increase for enrollees in private fee-for-service plans who do not switch plans.
Kaiser’s new and updated resources include: