WASHINGTON -- A bipartisan group of senators expressed concern in a letter sent Friday that proposed cuts in Medicare Advantage payment rates could increase premiums for enrollees in the programs.
The letter comes just before an expected announcement Monday on the final payment rate for the privately run Medicare plans. The Centers for Medicare and Medicaid Services, or CMS, announced a preliminary payment rate for Medicare Advantage on Feb. 20 that analysts say would translate to a 5% cut in payments.
The letter, signed by a group of 15 senators led by Maria Cantwell (D., Wash.), stated that "if the proposed changes to MA rates are implemented, MA enrollees in our states could face substantially higher premiums and lose valuable benefits." .....
Saturday, April 11, 2009
Senators Criticize Proposed Medicare-Payment Cuts - WSJ.com
Subscribe to:
Post Comments (Atom)
Posts
No comments:
Post a Comment