Government
Medicare Advantage takes off
NEWS IN BRIEF — Posted March 7, 2005
More than 140 new local Medicare managed care plans have applied to participate in Medicare Advantage. If the Centers for Medicare & Medicaid Services approves the applications, beneficiaries in at least 39 states will have access to a Medicare managed care plan. The agency expects that a total of more than 300 plans will operate in Medicare.
America's Health Insurance Plans President and CEO Karen Ignagni attributed the substantial new interest to payment improvements passed by Congress in 2003.
Note: This item originally appeared at http://www.ama-assn.org/amednews/2005/03/07/gvbf0307.htm.