Remember That Business About Healthcare Being Cheaper and You Could Keep You Coverage…

… well, we are finding out now that millions of seniors will have to change their Medicare prescription plans because of “double-digit hikes” in costs.

Premiums will go up an average of 10 percent among the top 10 drug plans that have signed up about 70 percent of seniors, according to an analysis of Medicare data by Avalere Health, a private research firm.

Marketing for next year’s drug plans gets under way Oct. 1, and seniors will see some of the biggest changes since the Medicare prescription benefit became available in 2006. More than 17 million are enrolled in private drug plans offered through Medicare.

Oh, so costs are going to go up?

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Well, then what about keeping your plan if you like it?

More than 3 million seniors will see their plans discontinued, according to Avalere. Medicare says all but 300,000 will be seamlessly switched to another plan offered by the same insurer, but the Avalere data suggest it may not be that simple.

Oh, so you can’t keep your plan if you like it?

Boy, this Obamacare thingie sure seems a tad different than the Obammessiah told us it would be. Isn’t it?

Gee, I wonder what else with Obamacare is not quite what Obama claimed it was going to be?

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