By John Ballard
My guess is that most seniors enrolled in Medicare Advantage and other private plans have no clue what will happen as provisions of the Affordable Care Act go into effect. One way or another the costs of medical care in America will go down. This post by Naomi Freundlich offers a snapshot of what is in store.
...30% of seniors are now enrolled in private Medicare Advantage plans, while 23% of Medicaid enrollees receive coverage through a private managed care organization. Another 15 million Medicaid recipients receive care through managed care plans that are a mix of private and public insurers.
What does this privatization mean for health care savings in the long term?...