John Gorman Comments on CMS Proposed Rate Cuts in Modern Healthcare Magazine

CMS is scheduled to release initial guidance on Medicare Advantage (MA) rates for 2015 that insurers have estimated could reduce payments by as much as 7 percent next year. Insurers say cuts of that magnitude could cause premium increases and benefit reductions that could severely impact seniors.

In a recent article featured in Modern Healthcare Magazine regarding proposed MA rates, Paul Demko, provides insight into the scheduled release and interviewed Gorman Health Group’s Executive Chairman, John Gorman, on what is likely to happen when CMS releases proposed cuts later this week.

Create a free Modern Healthcare web account and read the full article here,

 Resources

Join Gorman Health Group financial expert and former health plan CFO, Bill MacBain, and former regulator and industry-renowned policy expert Jean LeMasurier for a 60 minute webinar presentation on February 27. Bill and Jean will review critical take aways from the CMS Advance Notice, and what Medicare Advantage Plans should prepare for in the next 45 days. Register now.

A recording of the webinar is now available on the “Financial Impacts of Growth and Attrition.” Gain insight into the significant gains and losses health plan leaders need to account for  when formulating their strategy in response to enrollment fluctuations. View the recording now.