Insurance Q&A

June 4, 2010

How is this supposed to work?

Filed under: Uncategorized — rrroark @ 6:23 pm

Congressional Democrats who voted for big cuts in Medicare Advantage spending now are asking regulators to keep the cuts from affecting MA rates and benefits.

The leaders of the House and Senate committees who oversaw development of the Affordable Care Act – the legislative package that includes the Patient Protection and Affordable Care Act and the Health Care and Education Reconciliation Act, today told U.S. Health and Human Services Secretary Kathleen Sebelius to protect seniors against MA rate hikes and out-of-pocket costs increases in 2011.

The signers of the letter are Rep. Sander Levin, D-Mich.; Rep. Henry Waxman, D-Calif.; Sen. Max Baucus, D-Mont.; Rep. Pete Stark, D-Calif; Sen. John Rockefeller IV, D-W.Va.; and Rep. Frank Pallone Jr., D-N.J.

America’s Health Insurance Plans, Washington, responded:

“Washington can’t slash $200 billion out of Medicare Advantage and then try to shift the blame to the health plans that administer the program when those cuts inevitably result in higher premiums and benefit reductions for seniors,” AHIP spokesman Robert Zirkelbach says. “The CBO has stated that additional benefits provided by Medicare Advantage will be cut in half and that millions of seniors will lose their current coverage.”


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