Monday, March 4, 2013

Californian minorities, low-income seniors fear Obamacare’s latest pinch

Californian minorities, low-income seniors fear Obamacare’s latest pinch : CAPG is responding to the Centers for Medicare & Medicaid Services (CMS) announcement last week of a 2.2 percent reduction in Medicare Advantage (MA) that, compounded with other reductions already in the new healthcare reform — such as the Health Insurance sales tax — will have the net effect of reducing payments to Medicare Advantage plans by 7 to 8 percent by 2014.