News Headlines Article

Federal Regulators Propose Increase to Medicare Advantage Rates
The Wall Street Journal

Federal regulators proposed what they said was a slight rise in payments for insurers that offer private Medicare plans, a closely watched figure as this coverage becomes increasingly central to the companies’ business.

The Centers for Medicare and Medicaid Services estimated that the Medicare Advantage rate proposal represented a 1.35% increase on average for 2017, though the agency said the insurers would likely see overall revenue increase about 3.55% as they deliver—and bill for—more intensive services.

Sean Cavanaugh, CMS deputy administrator, said the rates represented “modest but stable growth.”