PacifiCare, Others May Get 4% Medicare Boost
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PacifiCare Health Systems Inc., the Cypress-based manager of Medicare healthcare plans, and other insurers may get an increase of at least 4% in overall payments from the program next year, the government said.
The insurers were given an average reimbursement increase of at least 6.6% this year under a 2003 law to revamp Medicare, the U.S. government’s health-insurance program for the elderly and disabled, at a cost of more than $500 billion.
Healthcare plans were getting average annual increases of 3.2% before the law was enacted.
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