tci Medicare Compliance & Reimbursement - 2004 Issue 6

Medicare+Choice: M+C Plans Receive Huge Funding Boost

10.6-percent increase could facilitate plans' reentry to Medicare.The Medicare program is looking more and more attractive now that the government has given participating health plans their biggest funding increase ever. The Centers for Medicare & Medicaid Services announced Jan. 16 that Medicare+Choice plans will receive boosts averaging 10.6 percent, five times larger than the average increases over the last five years. The Bush administration is hoping that the increased funding, in addition to other carrots extended in the recent Medicare reform law, will not only keep participating plans from leaving the program but also convince...

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