Senior citizens who left traditional Medicare and joined an HMO to save money and gain benefits are in for a shock: Premiums, doctor visits and even hospital stays will cost more next year. The changes are the first round of significant benefit cutbacks by Medicare HMO insurers, many of whom say they were forced to make the cuts because of inadequate government payments. The cutbacks come after two years of retrenchment by Medicare HMOs, some of which have dropped service in parts of the country, affecting more than 10% of the program’s 6 million patients.
Source: USA Today
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