Paying Medicare Advantage Plans Same Rates As Traditional Medicare Would Delay Program Insolvency By 18 Months, Medicare Actuary Says

If private Medicare Advantage plans were paid at the same rate as traditional Medicare, the program’s hospital trust fund would remain solvent for an additional 18 months past the projected insolvency date of early 2019, CMS Actuary Richard Foster said at a House Ways and Means Health Subcommittee hearing on Tuesday,

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Filed under: Medicare / Medicaid / Tricare on April 3rd, 2008