Insurers Gird for New Fight
As congress arrives the lobbyists descend.
Health insurance companies are gearing up for another fight with the Obama administration over payments to Medicare Advantage (MA), the private alternative to traditional Medicare.
The industry is hoping to rack up another win by keeping MA rates stable in February, when the administration is expected to propose new payment levels for the plans.
Lobbyists fear that the administration might reduce those payment ratesin an effort to equalize per-capita spending between traditional Medicare and MA, which is known for free perks such as eyeglasses and hearing aids.