Read Your Medicare Notice of Change When Received Medicare’s Open Enrollment Oct. 15 – Dec. 5. https://dxh92vrxakdsl.cloudfront.net/wp-content/uploads/2024/09/Medicare-Open-Enrollment-How-To-2024.mp4#t=1 If you are on Medicare, you’ll be getting one or two Annual Notice of Change letters in your mail or email this September about your 2025 coverage and costs. This information is important for you to make your choices during Medicare’s Open Enrollment…
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Medicare Advantage
Where Medicare Advantage (Part C) Receives Its Funding
written by National Retiree Legislative Network
2 minutes read
Funds for Medicare Advantage Part C benefits are drawn from the Hospital Insurance (HI) Trust Fund (accounting for 48% of total spending on Medicare Part A benefits in 2023). Funds for Part B and Part D (outpatient prescription drugs) benefits are drawn from the Supplementary Medical Insurance (SMI) trust fund. Beneficiaries enrolled in Medicare Advantage plans pay the Part B…