U.S. government boosts 2020 Medicare payments to insurers by 2.53 percent
on Mon, 2019-04-01 14:00 Alyssa
The U.S. government on Monday said it would increase by 2.53 percent on average 2020 payments to the health insurers that manage Medicare Advantage insurance plans for seniors and the disabled, a reflection of a new estimate on medical cost growth.
The rate, which affects how much insurers charge for monthly healthcare premiums, plan benefits and, ultimately, how much they profit, represents an increase over the 1.59 percent increase proposed by the Centers for Medicare & Medicaid Services (CMS) in February.
Links:
[1] https://www.reuters.com/article/us-usa-healthcare-medicare/u-s-government-sets-2-53-percent-hike-in-2020-payments-to-medicare-insurers-idUSKCN1RD37K?utm_campaign=KHN%3A%20Daily%20Health%20Policy%20Report&utm_source=hs_email&utm_medium=email&utm_content=71361910&_hsenc=p2ANqtz--8xkgNHNVgiy8ZJhKjY55CeP-_rGYeeSj3xM638F4b0VQXbcKSHIabwiHfDhoPaVh8ZNjsOcOwXTeAI1k8pEXy0xWsUg&_hsmi=71361910