CMS ANNOUNCES 2013 PAYMENT AND POLICY UPDATES FOR MEDICARE DRUG AND HEALTH PLANS TO ENSURE CHOICE AND IMPROVE QUALITY

The Centers for Medicare & Medicaid Services (CMS) today announced payment and policy guidance for Medicare Advantage (Part C) and Medicare prescription drug (Part D) plans for Calendar Year (CY) 2013 that will continue the trend of lower premiums and stable or improved benefits that beneficiaries in these programs have experienced over the last two years. This guidance describes payment changes that reflect an estimated annual average growth rate of 3.07 percent, which will sustain a stable Medicare Advantage landscape next year.

Read More..