“U.S. government sets 3.40 percent hike in 2019 payments to Medicare insurers,” by Bill Berkrot and Caroline Humer, Reuters
“The U.S. government on Monday said it would increase by 3.40 percent on average 2019 payments to the health insurers that manage Medicare Advantage insurance plans for seniors and the disabled, a higher-than-expected rise reflecting a projection of higher medical cost growth. The rate, which affects how much insurers charge for monthly healthcare premiums, plan benefits and, ultimately, how much they profit, represents an increase over the 1.84 percent increase proposed by the Centers for Medicare & Medicaid Services (CMS) in February.”
LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform): Sweeter deal for Wal-Mart to buy Humana?