The Obama administration ignited a new election-year controversy Friday when regulators handed down fresh cuts to Medicare Advantage (MA).
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Next year, plans in the program will see their payments cut by at least 2 percent on average between ObamaCare and a regular annual update, the announcement stated.
The Centers for Medicare and Medicaid Services (CMS) argued that the reductions will help to strengthen the program — an increasingly popular alternative to traditional Medicare — and guard against waste.
“We are making certain that plans are providing value to Medicare and taxpayers,” said CMS principal deputy administrator Jonathan Blum in a statement.