Medicare Advantage rate shift hits insurance firms, seniors

October 12, 2014 7:02 AM

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Medicare Advantage rate shift hits insurance firms, seniors

In June, Anthony Capone said he liked his AmeriHealth Medicare Advantage plan so much he persuaded his 89-year-old mother and aunt to make the switch.

Things were going along fine until recently, when the Mount Laurel businessman's renewal notice arrived in the mail. He opened the package and was taken aback. His monthly premium had spiked to $62 a month, a $23 rise. Other fees - in-hospital co-pay (up to $175), Part D deductible ($25), and ambula...

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