Fierce Healthcare January 11, 2021
Humana CEO Bruce Broussard said he’s confident the Medicare Advantage program enjoys broad, bipartisan support.
With a Democratic administration set to take over the White House in short order, payer execs at the J.P. Morgan Healthcare Conference were questioned as to whether they were concerned that this could negatively impact MA.
The Affordable Care Act cut MA rates, which drew concerns from skittish investors that a Biden administration could make similar moves.
But Broussard said that the Medicare Advantage program of today is far different from the one that saw those cuts a decade ago. For one, he said, payment rates were “out of wack” with the Medicare fee-for-service population, typically between 110% and 130% of traditional Medicare.
In addition,...
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