![]() Medicare Advantage will be offering approximately 600 more plans in 2019. Approximately 46 percent of enrollees in their current plan will have a zero premium. Nearly 83 percent of Medicare Advantage enrollees remaining in their current plan will have the same or lower premium in 2019. On average, Medicare Advantage premiums in 2019 is estimated to decrease by six percent to $28.00, from an average of $29.81 in 2018. ![]() The Medicare Advantage average monthly premium continues to steadily decline, and will be the lowest in the last three years. “The popularity of programs, such as Medicare Advantage, and with the various new supplemental benefits and policy changes that have been adopted, we expect plan choices to be even more robust moving forward.” “The steps that the Trump Administration has taken to improve and drive competition in Medicare Advantage means more savings, more benefits, and lower costs for seniors,” said CMS Administrator Seema Verma. Meanwhile, the significant steps taken to maximize competition among Medicare Advantage plans and support and empower Medicare beneficiaries are a crucial piece of allowing patients to define and drive value, which the Trump Administration has made a priority.” “Efforts to strengthen negotiation and competition in Medicare Part D are bearing fruit in the form of lower drug costs for American seniors, a key priority for President Trump. “Medicare Part D and Medicare Advantage demonstrate the successes possible when we harness consumer choice and private-sector innovation to improve care and lower cost,” said HHS Secretary Alex Azar. This news comes as the agency releases the benefit and premium information for Medicare health and drug plans for the 2019 calendar year. ![]() In addition, Medicare Advantage enrollment is projected to reach a new all-time high with more than 36 percent of Medicare beneficiaries projected to be enrolled in Medicare Advantage in 2019. Today, the Centers for Medicare & Medicaid Services (CMS) announced that, on average, Medicare Advantage premiums will decline while plan choices and new benefits increase. Medicare Advantage premiums continue to decline while plan choices and benefits increase in 2019Įnrollment projected to increase while plans offer new types of supplemental benefits
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