Provisions of the reform law protect benefits and lower premiums for seniors
September 21, 2010
Washington, D.C. – Nevada Senator Harry Reid today announced new plan options for Medicare Part D and Medicare Advantage that will be available in 2011. The Centers for Medicare and Medicaid Services released the options which include lower premiums and protect the benefits for Nevada seniors enrolled in Medicare Advantage.
"Protecting and strengthening Medicare for Nevada's seniors was one of my top priorities while leading the Senate in passing the new health reform law," Reid said. "In addition to protecting the benefits that Medicare Advantage enrollees currently receive, these new plan options have lower premiums on average and protect beneficiaries from unfair cost increases while offering new benefits as a result of the new law. This is the beginning of the stronger Medicare we worked for and that will be there for seniors for decades to come."
The new options to Medicare Advantage and Medicare Part D include:
Additionally, the Patient Protection and Affordable Care Act also benefits Medicare beneficiaries by extending the solvency of the program by 12 years and providing $250 checks to seniors who have hit the coverage gap in the Medicare Part D prescription drug program this year, and begins to close it in 2011.
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