GOP Governors Hit Obama Administration on Medicare Advantage Rates

GOP Governors Hit Obama Administration on Medicare Advantage Rates: Three Republican governors yesterday blasted President Barack Obama over changes to next year’s Medicare Advantage rates, writing in a letter that the Obama administration’s recent rate announcement was “little more than political theater.”

While the administration says Medicare Advantage plans will get a slight pay bump next year, Govs. Rick Perry (Texas), Rick Scott (Fla.), and Bobby Jindal (La.) charge that insurance analysts still anticipate plan rates to drop as much as 3.5 percent. “This is on top of a 6 percent cut to fiscal year 2014 payments,” the governors wrote. “Collectively, these cuts will significantly harm America’s seniors.”

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