Medicare Advantage beneficiaries in Nevada could see their supplemental benefits reduced or cost-sharing increase by over $90 each month in 2025, according to estimates from Berkeley Research Group.
BRG's analysis, published Feb. 26, was commissioned by the Better Medicare Alliance, a pro-MA group backed by insurers.
The research firm estimated MA beneficiaries would see their benefits reduced or cost sharing increased by $33 per month on average. Insurers are likely to cut back on benefits because CMS' proposed benchmark payment rates do not offset rising medical costs, according to BRG's report.
The potential impacts vary by state, because of different effects of risk-model changes and star ratings bonuses in each state, according to the report. In Texas, MA beneficiaries could see their benefits reduced by $78 each month, while beneficiaries in Delaware could see their benefits increased by $39 each month.
Here are the 10 states slated to see the largest decreases in benefits, according to BRG:
- Nevada: $90+
- Texas: $78
- Kansas: $67
- Nebraska: $61
- California: $57
- Indiana: $56
- Oklahoma: $49
- Illinois: $44
- Virginia: $44
- Georgia: $43
Read the full report here.