Healthcare
fromwww.housingwire.com
1 day agoFewer Medicare Advantage plans could impact seniors
Medicare Advantage insurers face funding shortfalls that will likely lead to benefit cuts, higher costs, and market exits affecting millions of seniors.
The program will distribute $50 billion to states between fiscal year 2026 and fiscal year 2030, with $10 billion released each year. That represents roughly a 50% increase in federal spending on rural healthcare, which currently totals about $19 billion per year through Medicaid. To qualify for funding, states must submit a detailed plan outlining how they intend to use the money to improve rural healthcare.