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.
President Donald Trump announced on Truth Social Tuesday that both a cease-fire and a blockade…
Pope Leo XIV urged Africa’s youth population on Friday to solve the continent’s economic and…
When unelected judges attempt to substitute their judgment for that of a duly elected president…
The U.S. Department of Justice announced an indictment against the Southern Poverty Law Center, accusing…
A certified public accountant told Fox Business host David Asman Monday that Democratic Minnesota Rep.…
Eric Swalwell is gone, and the Democrats need a new jester. There is stiff competition…