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U.S. government proposes cut to insurer payments for Medicare

Started by riky, February 23, 2014, 09:00:21 AM

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riky

U.S. government proposes cut to insurer payments for Medicare

<p><a href="http://news.yahoo.com/u-health-regulator-proposes-insurer-payments-medicare-221203846--sector.html"><img src="http://l1.yimg.com/bt/api/res/1.2/jLLeu98HhnktjUCQfha4FA--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9NzU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2014-02-21T221807Z_1_CBREA1K1PY800_RTROPTP_2_USA-HEALTHCARE.JPG" width="130" height="86" alt="A pharmacy employee looks for medication as she works to fill a prescription while working at a pharmacy in New York" align="left" title="A pharmacy employee looks for medication as she works to fill a prescription while working at a pharmacy in New York" border="0" /></a>The U.S. government on Friday proposed a cut in payments to private health insurers for 2015 Medicare Advantage plans, a move Republican lawmakers said would hurt benefits for the elderly and disabled. The proposal, released in a document by a division of the U.S. Department of Health and Human Services, appeared to cut payments by more than the 6 to 7 percent the insurance industry had expected, one Wall Street analyst said. Insurers have said they could only maintain benefits if there was no change in payments for 2015 from 2014. Many factors go into determining the government's total reimbursement to insurers.</p><br clear="all"/>

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