Funding cuts to the Medicare Advantage program could cause more than 3 million people to lose their coverage, a new study asserts.
That would be the equivalent of around a third of all Medicare Advantage recipients, many of whom are low-income and minority beneficiaries, according to the study, released by the Blue Cross and Blue Shield Association, Chicago.
Half of all states would lose more than 50,000 enrollees if Congress adopted funding cuts recommended by the Medicare Payment Advisory Commission, according to the study, which was conducted by Kenneth Thorpe and Adam Atherly of Emory University, Atlanta.