Lawmakers Press CMS To Abandon Medicare Advantage Cuts

Law360, New York (March 15, 2013, 7:18 PM EDT) -- A bipartisan group of 95 U.S. legislators on Friday urged the Centers for Medicare and Medicaid Services to ditch proposed payment cuts to private Medicare Advantage plans, claiming the cuts would reduce benefits, increase premiums and even cause some seniors to lose their coverage.

In a letter to CMS acting administrator Marilyn Tavenner, the lawmakers said the agency's proposed 2.3 percent rate reduction for Medicare Advantage plans in 2014, combined with cuts already outlined by the Affordable Care Act, could result in a 6.9 to 7.8...
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