Saturday, February 22, 2014

Obama Administration Proposes 1.9% Cut In Medicare Advantage Payments - Kaiser Health News

Obama Administration Proposes 1.9% Cut In Medicare Advantage Payments - Kaiser Health News: "Medicare Advantage plans could see payment reductions of 1.9 percent next year under proposed rates announced Friday by the Centers for Medicare & Medicaid Services.

Insurers, who have led a fierce lobbying campaign against payment reductions, have said the combination of the health law’s lower payment rates, new fees on health plans and other factors, including automatic federal spending cuts known as "sequestration," mean that Medicare Advantage plans will see their Medicare payment rates drop by 6 percent – or even more -- in 2015."



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