Over 1 Million Florida Medicare Advantage Enrollees Face Benefit Cuts

" Investor’s Business Daily reports, “ObamaCare imposes major cuts on the popular Medicare Advantage program, and while the Obama administration has largely delayed them until after the election, Enrollees will lose an average $515 in benefits in 2013, according to an IBD analysis.”

“ObamaCare is expected to cut $308 billion from Advantage plans from 2013-22, based on calculations of Congressional Budget Office data. That’s a huge share of the more than $700 billion in total Medicare cuts to help pay for the exchange subsidies and other parts of ObamaCare … ObamaCare is supposed to cut about $10.9 billion from Advantage plans next year, according to the CBO. "   [Watchdog Wire]