Breaking News: MA Carrier Reimbursement Increased by 1.38%
CMS has announced a 1.38% increase in MA reimbursement rates in 2011—an improvement from the substantial cut that was announced a year ago.
The 1.38% is a preliminary estimate. Final rates will be announced in 45 days. According to one analyst, regardless of what the final rate is, it will not be enough to match the underlying cost trend, which typically rises by 3-5%.
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Still, compared with last year’s reimbursement cuts, this seems like good news. Plus, with more than 1,600 counties now declared as "rural"—meaning that PFFS plans could continue to be sold in half the U.S. in 2011—it looks like next year could be another strong sales year for Medicare Advantage.
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