MA plans to see government payments increase 3.3%

04/2/2013 | Washington Post, The · Hill, The

The CMS announced Monday that instead of cutting payments to Medicare Advantage plans, which provide coverage to some 13 million beneficiaries, it would change the way it calculates reimbursement payments. The change means payments will increase by 3.3%. “By being responsive to the more than 160 members of Congress from both parties who raised concerns about the impact of the proposed payment rate on seniors, (the Medicare agency) has taken an important step to help stabilize Medicare Advantage at a time when the program is facing significant challenges," said AHIP President and CEO Karen Ignagni.

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