The Obama administration reported this week that Medicare Advantage enrollment is at an all-time high despite criticized cuts to the program.
The Centers for Medicare & Medicaid Services said that enrollment is projected to hit an all-time high for the fifth straight year, while claiming that costs for the program have remained stable.
The average MA premium submitted by health plans for 2015 would increase by $2.94 next year, to $33.90 per month. But as a result of more individuals seeking out lower-cost plans, the CMS estimates that the average premium hike will actually be $1.30 per month. They said 61 percent will see little or no premium increases.
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