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California Health Plans to Cut Premiums for Retirees.

By Evan Pondel, Daily News, Los Angeles Knight Ridder/Tribune Business News

Feb. 6--Health plans are preparing to reduce out-of-pocket costs and premiums for their Medicare members amid recently enacted federal reform legislation that provides additional funds for the industry.

Several health plans throughout California have already announced that Medicare-Plus Choice members, also known as Senior Advantage members, will see a decline in the cost of maintaining their benefits.

Kaiser Permanente, the largest provider of such products in the sta

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