From Medicare Advantage News - To a greater extent than in the past couple of bidding cycles, most Medicare Advantage plans confronted the same problems as each other in the 2014 cycle that ended June 3 — and they made similar tough decisions as a result, according to leading industry actuaries and consultants queried by MAN. Faced almost uniformly with the prospect of lower MA revenues next year than in 2013, the plans, more than in previous cycles, submitted bids that include benefit reductions or premium hikes or both, the actuaries say.
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