Tuesday, March 13, 2007

Medicare Advantage HMOs Gearing Up for Payment Cuts--Could They Come as Early as 2008?

Bill Boyles--Publisher of Health Market Survey--returns as a guest commentator. Bill keeps a sharp eye on the Medicare Advantage business and on Capitol Hill. Here's his take on what the Congress--and the health plans --are up to:

We are hearing that the health insurers are getting ready to dump markets in response to the Democratic threat to cut Medicare Advantage payments. But first they will try to stop it. The word is that millions of dollars have already been raised to fund a major grass roots campaign to lobby Congress against making any major cuts to the popular—and profitable—program.

Some of the insurers are not waiting.

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