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40%  
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  • Hospitals are dropping Medicare Advantage plans left and right: 13 updates

    11/24/2023 10:47:42 AM PST · by buckalfa · 183 replies
    Backers Hospital Reviee ^ | November 16, 2023 | Jakob Emerson
    Medicare Advantage provides health coverage to more than half of the nation's seniors, but a growing number of hospitals and health systems nationwide are pushing back and dropping some or all contracts with the private plans altogether. Among the most commonly cited reasons are excessive prior authorization denial rates and slow payments from insurers. Some systems have noted that most MA carriers have faced allegations of billing fraud from the federal government and are being probed by lawmakers over their high denial rates. "It's become a game of delay, deny and not pay,'' Chris Van Gorder, president and CEO of...