Medicare Advantage plans offer enrollees a cap on out-of-pocket expenses and extra benefits not
available under traditional Medicare, including vision, hearing, and dental coverage. Enrollees often choose Medicare Advantage for savings on premiums and cost-sharing. In 2023, nearly 75 percent of seniors enrolled in a Medicare Advantage plan with Part D prescription drug coverage paid no additional premium.4 Compared with traditional Medicare beneficiaries, Medicare Advantage enrollees are more likely to live on less than $20,000 per year. That is why seniors and individuals with disabilities must continue to have stable access to the extra benefits and out-of-pocket protections only available in Medicare Advantage.

[It’s quite the bipartisan missive. Both John Cornyn and Chuck Schumer signed it, as did Josh Hawley and Tammy Duckworth, and Rand Paul and, er … well, Rand Paul. If Joe Biden plans to tinker with MA for some budget savings, it won’t get far in the Senate. — Ed]