Medicare Advantage prices rise as overhaul plan nears

Bloomberg News/Philadelphia Inquirer, February 5, 2009
As President Obama prepares to push for an overhaul of the medical system, providers of U.S.-backed health plans for the elderly are raising prices. Humana Inc., Health Net Inc., and nearly 200 other providers increased 2009 premiums by 13% on average, or more than five times as much as last year, for people who use Medicare Advantage, according to consulting company Avalere Health.

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