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Medicare Advantage insurers appeal to the Hill
Politico November 11, 2024
Driving the Day
INSURERS PUSH FOR AN MA FIX — Medicare Advantage insurers are gearing up to convince lawmakers that the Biden administration’s policies have been detrimental to older Americans enrolled in the privately run alternative to Medicare, POLITICO’s Kelly Hooper reports.
When Congress returns to Capitol Hill on Tuesday, the Medicare Advantage industry will use data on this year’s plan offerings and stories about older adults facing disruptions in care to convince lawmakers to boost funding for private health insurers.
Why it matters: The push comes after insurers have complained for months about what they call an insufficient payment rate from the federal government for 2025. The lower-than-expected pay rate — coinciding with increased medical costs among older adults...
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