In Reversal, CMS Will Boost Medicare Advantage Payments

Law360, New York (April 1, 2013, 5:41 PM EDT) -- Federal health officials on Monday reversed its proposal to cut payments to Medicare Advantage plans by 2.3 percent, instead saying they will increase payments next year by almost 3 percent, following an outcry from the insurance industry and lawmakers.

In February, the Centers for Medicare and Medicaid Services had proposed cutting payments to Medicare Advantage plans — private insurance plans that cover Medicare beneficiaries and are paid by CMS — by 2.3 percent.

The proposed cuts prompted a fierce lobbying effort from the insurance industry, led...
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