Categories: In The News

HHS Then: Time to Cut Medicare Advantage…Now: Time to Boost Medicare Advantage

It was just February of this year that the Health and Human Services Department announced it would cut payments to Medicare Advantage, using those funds to help finance the expenses of ObamaCare. Now, in a reversal the Obama Administration said it will increase the payment for health insurers who offer the Medicare Advantage program.

The Centers for Medicare & Medicaid Services said on Monday it will increase the rate by 3.3 percent in 2014, reversing a 2.3 percent cut announced in February.

This reversal followed an intense lobbying program by seniors and Medicare Advantage Insurance providers who were warned of significant cuts to the popular program. Some insurance providers had hinted they would drop the program due to the cuts.

“The policies announced today further the agency’s goal of improving payment accuracy in all our programs, while at the same time ensuring program stability and preserving beneficiary choice,” Jonathan Blum, acting principal deputy administrator for the CMS, said in a statement.

Again, as with the Affordable Care Act itself, it appears there was little actual foresight or planning.

Read more at Kaiser Health News.

Teresa Wendt

A stay at home mom who runs a household, manages the finances, cares for a young adult autistic son, and cooks from scratch. Traveling from Arizona to Alaska summer of 2013. Visit my blog at https://ramblinroseaz.wordpress.com/ and follow along.

Share
Published by
Teresa Wendt

Recent Posts

Is It Time To Start Thinking Midterms?

Government and politics are a filler between elections, and election seasons get longer as time…

4 hours ago

No. 2 Senate Democrat Announces Retirement After Four Decades In Congress

Democratic Illinois Sen. Dick Durbin, the No. 2 Senate Democrat, announced his retirement after 44…

4 hours ago

Gavin Newsom Begs Regulators To Keep Refineries In Biz After California Dems Ran Industry Out Of Town

Democratic California Gov. Gavin Newsom is asking a state regulator to try to keep oil…

4 hours ago

Clearing Up Confusion Around Social Security Payments

Ask Rusty –Please Clear Up Our Confusion about Our Social Security Payments?  Dear Rusty:I am thoroughly…

5 hours ago

Green Groups Linked To World’s Top Polluter

Some prominent green groups — including ones that play up Earth Day — also happen…

5 hours ago

Congressional Democrats’ Approval Ratings Plummeting Among Young Americans, Harvard Poll Shows

Congressional Democrats’ approval ratings among young voters have plummeted by 19 points since 2017, according…

10 hours ago