The head of the American Benefits Council has come out against cuts in federal 2015 Medicare Advantage plan funding.
President James Klein says reductions in support for private alternatives could hurt employer retiree benefits programs.
Some employers use group Medicare Advantage plans to provide retiree health benefits, Klein writes in a letter to Marilyn Tavenner, administrator of the Centers for Medicare & Medicaid Services.
The group Medicare Advantage plans give retirees more choices, lower out-of-pocket costs, and more care coordination, Klein writes.
“We are particularly concerned that additional rate cuts could result in higher costs and less choice for retirees,” Klein writes.
The Medicare Advantage program lets carriers provide private alternatives to the traditional CMS Medicare program.