U.S. To Increase Medicare Advantage Payments
On Monday, the federal government announced it would increase payments to insurers participating in the Medicare Advantage program next year by 3.6%, a slight increase from last year's 3.5% boost. CMS said the payment increase is slightly lower than the expected 3.7% growth increase for Medicare in 2009.
- "Gov't Raises Payments to Health Insurers" (AP/Houston Chronicle, 4/7).