Everyone seems to be concerned about the impact of new healthcare legislation on Medicare, specifically the effects on Medicare Advantage programs, which currently shield over a quarter of Medicare recipients.

Over the next 10 years, is it is revealed that the new healthcare law will divulge some $132 billion from Medicare Advantage, posted a recent report by George Washington University's Department of Health Policy.

The impact is cited to vary from plan to plan. Medicare currently pays Medicare Advantage plans on an average 13% above the cost of including the same beneficiaries under traditional fee-for-service Medicare.

George Washington University posted the belief that Medicare Advantage plans will still fetch a bit more -- nearly 1% extra overall after the cost cut gets into its full swing.

It is reported that this year will witness no major cuts. In 2011, payments will remain at their present levels. From 2012, the cuts will be implemented, says Paul Precht, Director for Policy and Communications of the Nonprofit Medicare Rights Center.

Starting in 2011, Medicare Advantage plans also must target at $6,700 recipients' maximum annual out-of-pocket spending for services included under Medicare.