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More Beneficiaries Participate in Medicare Advantage After Plan Approvals

Armen Hareyan's picture

Medicare Advantage Drug Plan

More Medicare beneficiaries are participating in Medicare Advantage plans this year, following the approval of new and expanded plans in 2005 by the Centers for Medicare & Medicaid Services (CMS).

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Beneficiaries in every state now have access to Medicare Advantage plans. Health plan choices now widely available in Medicare include approved HMOs, preferred provider organizations (PPOs) and private fee-for-service plans.

"Since the drug benefit began, we have