Medicare Advantage Will Not Be Cut

The Medicare Payment Advisory Commission is saying that Medicare Advantage, on average, expends “about 2 percent more per person,” according to a recent report in The Hill, over “traditional Medicare.”

The report, by Peter Sullivan, also adds, that The Centers for Medicare and Medicaid Services (CMS) had suggested a rate cut of .95 percent in those instances in which the government contracts with private insurers to dispense care to senior citizens.

Now, CMS says a 1.25 increase is forthcoming. The Obama administration also chimed in, “the new rate is not because of a change in policy but because of changes in actuarial estimates,” so says Sullivan’s Hill article.

Read more at The Hill