tci Medicare Compliance & Reimbursement - 2004 Issue 37

Health Plans: Why More Health Plans Are Moving Into Medicare

Higher premiums could give seniors more incentive to enter private plans.Is now the time for health insurers to forget those hard lessons of the past few years and give Medicare Advantage a second chance?Insurers appear to be newly optimistic about the Medicare Advantage program, based on the number of plans that are signing on. At least 40 applications for new contracts or service area expansions are sitting on CMS' doorstep, says consultant John Gorman of Gorman Health Group in Washington. And he expects that number "to at least double by February."Unlike last year, when wary plans...

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