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Senators Baucus and Hatch ask for advice on replacing SGR
May 15, 2013
In a recent letter to health letter to health care providers, Senators Max Baucus (D-Mont.) and Orrin Hatch (R-Utah) sought input on how to permanently replace the sustainable growth rate (SGR) formula. Congress routinely has passed legislation to delay cuts called for by the SGR, but physicians face substantial reductions in their Medicare reimbursements each time the "doc fix" expires. The most recent doc fix delayed the cuts until January 1, 2014, at which time physicians face about a 25% reduction to Medicare reimbursement rates.
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Aetna lowers first-year estimates for exchange enrollment
May 08, 2013
Aetna CEO Mark Bertolini stated that the company has reduced its first-year estimates for how many individuals it expects to enroll in health insurance exchanges. Mr. Bertolini said, "The process required to sign up, to get the subsidies, is going to take some time." He added, "I think this is a two-year ramp to get the individual exchanges up to a level where customers are going to feel appropriate signing up."
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