The Health Law’s Massive Medicare Advantage Cuts

ObamaCare’s cuts to the Medicare Advantage program will result in millions of seniors losing the extra benefits that program provides because of its increased choice and competition. “The average nationwide per capita reduction in the value of coverage for MA and would-be MA enrollees will total about $3,700 annually by 2017, or a nearly 27 percent cut from what would have occurred without the new law. At the state level, the average cut ranges from $2,020 (21 percent) in Nevada, the state with the smallest cut on a per capita basis, to $4,693 (36 percent) in Hawaii, the state with the highest reduction in the per-capita value of MA-covered benefits. All together, the aggregate cut in payments to MA plans in 2017 will reach $55 billion.”