Friday, March 29, 2013

CMS faces heat over MA cuts


CMS faces heat over MA cuts-politico: The Obama administration is under pressure from Capitol Hill to change course fast on controversial proposed cuts to Medicare Advantage for 2014. The deadline for finalizing rates is Monday. The Centers for Medicare and Medicaid Services has proposed a 2.3 percent cut in the payments to Medicare Advantage plans. That plan has been blasted by insurers and dozens of lawmakers from both parties, including both Senate Finance Chairman Max Baucus (D-Mont.) and ranking member Orrin Hatch (R-Utah).