Medicare Advantage to Be Radically Changed Under New Plan

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Medicare Advantage to Be Radically Changed Under New Plan
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For years, seniors have complained about prior authorization requirements under some Medicare Advantage plans.

Medicare Advantage plans could look dramatically different if a new law passes in the Senate. The privatized version of Medicare often provides lower out-of-pocket costs but forces patients to choose between pre-approved healthcare providers.And in many cases, seniors on Medicare Advantage have to get prior authorization approval to access the treatments they need.All that would change if Democratic Rhode Island Senator Sheldon Whitehouse's plan gets passed.

'Prior authorization is nothing new when it comes to taking advantage of benefits, but it can often feel like just another loophole for the older and often more vulnerable group utilizing them,' Alex Beene, financial literacy instructor at the University of Tennessee at Martin, told Newsweek. 'The argument for prior authorization is for verification purposes and to make the process easier on the front end for the provider and for the senior.

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