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Medicare Advantage plans are getting a raise in 2023

In 2021, more than 26 million Medicare beneficiaries enrolled in a Medicare Advantage plan. The average Medicare beneficiary has access to 39 Medicare Advantage plans, more than double the number of health plans per person in 2017, and the largest number of options available in more than a decade. Those plans will get an average of 8.5 percent increase in total Medicare payments next year. For more information, click here…

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