The below joint blog post is authored by Joe Trauger, National Association of Manufacturers Vice President of Human Resources Policy and Katie Mahoney, U.S. Chamber of Commerce Executive Director of Health Policy.
Last week, the Centers for Medicare and Medicaid Services (CMS) issued a proposal that would reduce reimbursements to Medicare Advantage (MA) plans by about 1 percent. While that may not seem like a big change, it is on top of more than 10 percent in reductions to the program the previous two years – and 14 percent since 2010. This is troublesome for the MA program and those who support it, including businesses. (continue reading…)