Blum: 4- & 5-Star MA Plans Will Be Able To Weather Proposed Pay Cuts-insidehealthpolicy: CMS Medicare chief Jonathan Blum said Medicare Advantage pay cuts proposed by the agency should not hurt plans that earn 4- or 5-star ratings because the bonuses and increased business that plans get as a result of the high ratings will offset the cuts. Blum told the Senate Finance panel Thursday (Feb. 28) the proposed cuts are designed in part to encourage plans with poor ratings to improve and to weed out those that do not, and he said the cuts would not be as steep if Congress were to replace the Sustainable Growth Rate formula.
Friday, March 1, 2013
Blum: 4- & 5-Star MA Plans Will Be Able To Weather Proposed Pay Cuts
Blum: 4- & 5-Star MA Plans Will Be Able To Weather Proposed Pay Cuts-insidehealthpolicy: CMS Medicare chief Jonathan Blum said Medicare Advantage pay cuts proposed by the agency should not hurt plans that earn 4- or 5-star ratings because the bonuses and increased business that plans get as a result of the high ratings will offset the cuts. Blum told the Senate Finance panel Thursday (Feb. 28) the proposed cuts are designed in part to encourage plans with poor ratings to improve and to weed out those that do not, and he said the cuts would not be as steep if Congress were to replace the Sustainable Growth Rate formula.
