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A high rate of satisfaction, and approximately 28 of Medicare Beneficiaries have chosen to participate in Medicare Advantage. The Affordable Care act, aca has noted in a july 4, 2012 Congress Shall Budget Office report cut 716 billion from medicare, including 308 billion from Medicare Advantage of load. In april of 2010, the medicare act projected that these payment cuts would result in an enrollment decrease in the program in as much as 50 . The aca also required cms effective january 1, 2012, to provide quality bonus payments to the plans that achieve four, 4. 5 and five stars on a fivestar quality Rating System developed by cms. Rather than implemented a bonus structure lead out in the law which would have led to these cuts going into effect in 2012. Cms announced in november of 2010 that it would conduct a nationwide demonstration. The m. A. Quality demonstration from 2012 through 2014 to test and alternative method for calculating and a wording bonuses. The general accountability
Puerto-ricoUnited-statesLouisianaTampa-bayFloridaNew-jerseyBostonMassachusettsIllinoisTown-hallCaliforniaUptonAffordable care act demanded that coverage at policies have minimum coverage requirements, and thats why because the cost of many of those policies have gone up and people have been notified and then they cannot get those policies january 1 of 2014 because the there demandedo include some an additional things. Why would Medicare Advantage not cost more . Because there are more things in it, more provisions, Preventive Care, annual physical examinations, a nurse checking up to make sure that the patient got the medications filled, return for their appointment and timely follow up. So together that program and thats what this is all about, im looking forward to what the witches has to say about it. It made no sense to cut 300 billion out of a program that 29 of Medicare Beneficiaries had chosen, and its gone up over the years, each and every year but i just about. The gentlemans time has expired. The chair recognizes the Ranking Member americas mr. Dingell five minutes for an Opening Sta
New-yorkUnited-statesLouisianaTampa-bayFloridaNorth-carolinaBostonMassachusettsIllinoisTown-hallCaliforniaVirginiaSorry i had to excuse myself during the testimony. A couple points. One is i like myself and a handful of other staffers make sure that we were enrolled in our new Health Care Plan because we couldnt get confirmation. Fortunately i got confirmation that im finding out like everybody else i have less coverage at a higher cost. The concern is as it is exhibited by the constituents on Medicare Advantage we will see the same thing of her in Medicare Advantage and so i think that this is a timely hearing because its like Everything Else in this new movement of health care. Everybody is going to get less coverage and higher cost, no matter who you are or where you are in this country because of these before. I was hearing the committee went secretary sebelius affirmed that the fact that they double counted the 500 million. You can just check the transcript and check the testimony. It took five minutes to get out of. About in the end, she said we double counted because we had a 500 billion of
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