“Millions of seniors who depend on Medicare Advantage (MA) plans could see cuts to their coverage and benefits if new payment changes take effect next year. That’s according to a new analysis by Oliver Wyman prepared for America’s Health Insurance Plans (AHIP). Earlier this month, the Centers for Medicare & Medicaid Services (CMS) released proposed changes to MA rates that will impact the 18.5 million seniors enrolled in the program. According to Oliver Wyman, these changes, if finalized, would result in an estimated 2 percent reduction to MA net revenues in 2018.”
LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform):
Details in the article.
New Report Shows that Medicare Advantage Payments Won’t Keep Pace With Costs in 2018