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CMS' Proposed Medicare Advantage Cuts Will Result in Higher Costs, Fewer Benefits for Seniors
America's Health Insurance Plans [AHIP]
[Opinion] Feb. 26, 2013 "[A new analysis by Oliver Wyman prepared for America's Health Insurance Plans] estimates that the new proposed payment cuts combined with the reform law's payment cuts and taxes will result in benefit reductions and premium increases of an average $50 to $90 per month for a typical Medicare Advantage beneficiary next year.... CMS recently proposed a 2.3 percent reduction in Medicare Advantage payments for 2014 at a time when medical costs are projected to increase by three percent." MORE >> |
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