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Medicare Advantage plans on the ropes: Congress cuts funding for private plans to offset outlays for physicians and other Medicare programs.

Publication: Managed Healthcare Executive
Publication Date: 01-AUG-08
Format: Online
Delivery: Immediate Online Access
Full Article Title: Medicare Advantage plans on the ropes: Congress cuts funding for private plans to offset outlays for physicians and other Medicare programs.(POLITICS AND POLICY)

Article Excerpt
In enacting legislation to delay a reduction to Medicare physician fees, Democratic leaders on Capitol Hill demonstrated their intent to undermine the role of private insurers in providing care to seniors. Although all sides agreed on the need to avoid a big cut in Medicare payments to doctors, Republicans fought efforts to fund the fees by reducing payments to Medicare Advantage plans.

Senate Finance Committee Chairman Max Baucus (D-Mont.) described the MA reductions as "cutting the fat" from fees to private plans. All MA plans...

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