The Obama administration is planning new cuts to Medicare, a federal regulatory filing reveals, cuts that could mean higher premiums or seniors losing their coverage altogether.
The new cuts come in the form of a planned reduction in the reimbursement rates the government pays to insurance companies that operate Medicare Advantage plans, which are services administered by private for-profit or non-profit providers that offer additional services than can be found in traditional Medicare.
In a Feb. 15 regulatory filing, the Centers for Medicare and Medicaid Services (CMS) announced the surprised rate cuts of 2.3 percent – meaning it would pay health care providers 2.3 percent less for providing services to patients.
CONTINUE READING: http://cnsnews.com/news/article/obama-administration-plans-cut-medicare-advantage-reimbursements
Showing posts with label Medicare Advantage. Show all posts
Showing posts with label Medicare Advantage. Show all posts
Friday, March 15, 2013
Saturday, July 14, 2012
The President’s $8 Billion Coincidence
Obama’s Affordable Care Act is funded by taking from Medicare and Medicare Advantage Cuts!
(Video—YOU MUST WATCH)
http://my.brainshark.com/The-President-s-8-Billion-Coincidence-356086344
(Video—YOU MUST WATCH)
http://my.brainshark.com/The-President-s-8-Billion-Coincidence-356086344
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