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Home / MCNTalk / Obamacare & Medicare Advantage Update

April 11, 2013

Obamacare & Medicare Advantage Update

As the future of Obamacare falls into place, many health insurers are pleased with recent outcomes.

The government recently made decisions regarding Medicare Advantage rates, the future of Medicaid, and the Patient Protection and Affordable Care Act. 

Instead of Medicare Advantage rate cuts, participating insurers will receive a 3.3 percent i crease in payment reimbursements, which is more than what some had hoped for.  In addition, the Department of Health and Human Services is now fully responsible for Medicaid expansion costs.

“Expansion would broaden the coverage umbrella to include patients below age 65 who have income that’s 133% above the federal poverty level.” Read more…

Although many are able to rest easy after the conclusion of this decision, there are still numerous decisions to be made concerning state health insurance laws. 

To read more about details of these new decisions click here.

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