Medicare Advantage Plans Payback Boost Spikes Traffic to Supplemental Insurance Comparison Site
The Centers for Medicare & Medicaid Services surprised insurers that provide Medicare Advantage plans recently with their announcement of a 3.4% increase in reimbursement rates, instead of the 2.2% cut originally called for in February. It was good news all around as many private insurance companies had contemplated exiting the Advantage program had the cuts been enacted. This would have left seniors and the disabled with far fewer coverage options to choose from. Stephen Pewter, the senior citizen who started...
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