The feds have proposed paying a little more to insurers participating in Medicare Advantage in 2017.
The Centers for Medicare and Medicaid Services announced a proposed rate hike of 1.35 percent for 2017, an increase that a CMS official told the Wall Street Journal represented “modest but stable growth” for insurers that offer plans through the increasingly popular private sector version of Medicare.
CMS explained that the increase was mostly geared towards covering anticipated increases in the cost of health care.
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