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CBO: H.R. 3200 Makes Medicare Advantage More Expensive


Last week, the Congressional Budget Office (CBO) released a letter detailing the impact Title I of Division B of H.R. 3200 would have on Medicare Part D benefits, which encompass Medicare Advantage.

The key finding:

Overall, CBO estimates that enacting the proposed changes would lead to an average increase in premiums for Part D beneficiaries, above those under current law, of about 5 percent in 2011. That effect would rise over time and reach about 20 percent in 2019.