Monday, March 4, 2013
Americans are beginning to see the implications of the 2014 roll-out of ObamaCare rear their ugly heads, brewing controversy likely to make the transition to the new healthcare reform a rocky one — this time, in one of the biggest, Obama-blue states in the country: California.
The California Association of Physician Groups (CAPG), which represents 150 groups that employ or contract with nearly 60,000 California doctors and provide care to 18 million Californians, made news on Friday by denouncing the Affordable Care Act’s (ACA) mandated cuts for Medicare spending reductions to Medicare Advantage plan payments over the next year. CAPG is responding to the Centers for Medicare & Medicaid Services (CMS) announcement last week of a 2.2 percent reduction in Medicare Advantage (MA) that, compounded with other reductions already in the new healthcare reform — such as the Health Insurance sales tax — will have the net effect of reducing payments to Medicare Advantage plans by 7 to 8 percent by 2014.
More than 14 million American seniors, or roughly 28 percent of all Medicare beneficiaries in the U.S., are enrolled in a Medicare Advantage plan
Full article: http://dailycaller.c … acares-latest-pinch/