On March 16, 2016, at a hearing on preserving and strengthening Medicare; the influential subcommittee chairman Pat Tiberi (R-Ohio) said Medicare’s fee-for-service program should be reformed to closely resemble the Medicare Advantage program. Medicare’s traditional fee-for-service reimbursement method is on a trajectory of higher costs and little innovation; whereas, the Medicare Advantage program is based on market principles.
Other ideas on how to strengthen the program was discussed as well. Read the article here….
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