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Insurance execs vow to fight further cuts to Medicare Advantage
Modern Healthcare

Health insurers are justified in raising alarms about the harmful effects of Medicare Advantage program cuts, executives with two of the country’s largest health plans said Wednesday at a Washington forum. They promised to fight further reductions in spending on the popular coverage program for seniors.

“It has really not been adequately funded for the last four years,” said Stephen Hemsley, CEO of UnitedHealth Group, the largest insurer in the country in terms of live covered, speaking at the CAPG Colloquium on Physician Groups in Medicare Advantage.