Late Friday, after the stock market closed, the Centers for Medicare & Medicaid Services (CMS) announced proposed new rates for Medicare Advantage plans. These are Medicare plans that are run by private insurers that give seniors more choices than they have under traditional Medicare Part A (hospital) and Part B (physician) benefits.
The result? Health insurers' stocks rallied.
Read more at John Goodman's Health Policy Blog.
Research and commentary from a former senior executive in the U.S. Department of Health & Human Services
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