Insurers still face Medicare Advantage cuts, industry says

The CMS reversed some, but not all, proposals to cut some payments to Medicare Advantage plans, health insurance carriers said this week. “The changes CMS included in the final rate notice will help mitigate the impact on seniors, but the Medicare Advantage program is still facing a reduction in payment rates next year on top of the 6% cut to payments in 2014,” said Karen Ignagni, president and CEO of AHIP. Reuters (4/8)

Last Updated 09/16/2020

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