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How will reducing subsidies to Medicare Advantage plans affect me? - page 6 / 7

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Healthreform.GOV

| Health Insurance Reform and Medicare: Making Medicare Stronger for America’s Seniors

|6

Reduce wasteful spending. Health insurance reform will also reduce overpayments to private plans and clamp down on fraud and abuse to strengthen Medicare for all seniors. Coupled with improvements in the quality of care, expansion of the health care workforce, and reductions in out-of-pocket costs, health insurance reform will ensure that Medicare will continue to provide the high-quality, affordable coverage that America’s seniors deserve and expect.

Prepared By

Office of Health Reform, Department of Health and Human Services (HHS) Report Production by the HHS Web Communications and New Media Division.

Sources

1

Medicare Payment Advisory Commission. March 2009 Report to Congress, Chapter 3: The Medicare Advantage Program. http://www.medpac.gov/chapters/Mar09_Ch03.pdf

2

Medicare Payment Advisory Commission. March 2009 Report to Congress, Chapter 3: The Medicare Advantage Program. http://www.medpac.gov/chapters/Mar09_Ch03.pdf

3

Neuman P. Medicare Advantage: Key Issues and Implications for Beneficiaries. Testimony before the House Committee on the Budget, United States House of Representatives, June 28, 2007. http://budget.house.gov/hearings/2007/06.28neuman_testimony.pdf

4

Neuman P. Medicare Advantage: Key Issues and Implications for Beneficiaries. Testimony before the House Committee on the Budget, United States House of Representatives, June 28, 2007. http://budget.house.gov/hearings/2007/06.28neuman_testimony.pdf

5

Mattes J. Testimony Before the Subcommittee on Health of the House Committee on Ways and Means, February 28, 2008. http://waysandmeans.house.gov/hearings.asp?formmode=view&id=6815

6

Angeles J, Park E. Curbing Medicare Advantage Overpayments Could Benefit Millions of Low-Income and Minority Americans. http://www.cbpp.org/files/2-19-09health.pdf

7

Medicare Payment Advisory Commission. March 2009 Report to Congress, Chapter 3: The Medicare Advantage Program. http://www.medpac.gov/chapters/Mar09_Ch03.pdf

8

Rick Foster, Office of the Actuary, Centers for Medicare and Medicaid Services. Letter to Congressman Stark, June 25, 2009.

9

Centers for Medicare and Medicaid Services, Office of the Actuary.

10

Congressional Budget Office. Letter to the Honorable Max Baucus. September 16, 2009.

11

AARP, American Medical Association, and American Nurses Association Survey, September 9, 2009. http://www.nursingworld.org/FunctionalMenuCategories/MediaResources/PressReleases/2009-PR/AARP-AMA-ANA-Survey-Report.aspx

12

Employee Benefit Research Institute, Savings Needed to Fund Health Insurance and Health Care Expenses in Retirement, (Washington, DC: EBRI Issue Brief #295, July 2006).

13

Office of the Actuary. Centers for Medicare and Medicaid Services.

14

Zhang Y, Donohue JM, Newhouse JP et al. The Effects Of The Coverage Gap On Drug Spending: A Closer Look At Medicare Part D. Health Affairs 2009; 28(2): w317–w325.

15

Centers for Disease Control and Prevention. Behavioral Risk Factor Surveillance System 2008.

16

Estimated from Centers for Medicare and Medicaid Services payment rates for physician and outpatient hospital facilities, 2007. http://www.cms.hhs.gov/HealthCareConInit/04_Physician.asp#TopOfPage

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