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Politicians are saying "we will not cut your Medicare benefits". Yet, proposed funding is being slashed.
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I haven't seen the actual data, but the word around the campfire is that aside from AARP, in my market, most if not all the other carriers in the MA world are either bailing, or making some very drastic changes that are not going to be well accepted by seniors. This might be a sign that the 21% is still a go, but with Congress, who the hell knows!The last I heard was that the 21% cut in provider payments has not been rescinded by Congress. This is to take effect on January 1.
Remember the 11% cut that was postponed last year? It was to be added to the additional 10% for Jan. 2010.
Did something happen to eliminate this?
Rick
The last I heard was that the 21% cut in provider payments has not been rescinded by Congress. This is to take effect on January 1.
Remember the 11% cut that was postponed last year? It was to be added to the additional 10% for Jan. 2010.
Did something happen to eliminate this?
Rick
The 11% was removed from the table with HR6331 to the best of my knowledge. Instead they focused on cuts to funding the MA plans for 2010. That was passed 7/2008 so it's been a while since I read it.