Healthcare Finance News January 31, 2022
Lawmakers want CMS to maintain the stability of the program, pointing to growing enrollment numbers during the pandemic.
More than 340 members of the U.S. House of Representatives, led by Reps. Brett Guthrie (R-KY), Tony Cárdenas (D-CA), Earl Blumenauer (D-OR), and Mike Kelly (R-PA), signed a letter late last week to the Centers for Medicare and Medicaid Services, urging the agency to maintain stability with Medicare Advantage, contending that it provides affordable, high-quality health coverage.
In total, 346 representatives signed the letter, topping the previous record of 339; this amounts to 80% of the chamber. It comes as CMS prepares its annual rate-setting process, in which the agency will announce key decisions related to Medicare Advantage beneficiaries’ funding for the...