TITLE

GAO says MA plans very profitable

AUTHOR(S)
McCarty, Mark
PUB. DATE
July 2008
SOURCE
Diagnostics & Imaging Week;7/3/2008, Vol. 11 Issue 27, p8
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports that the U.S. Government Accountability Office (GAO) has concluded Medicare Advantage (MA) plans to be very profitable. Contrary to controversies that MA plans inflate the nation's Medicare expenditures, a June 25, 2008 report from GAO stated that plans are spending a lower portion of revenues on care than previously projected. However, an audit of 2005 numbers by the Centers for Medicare and Medicaid Services (CMS) indicated that actual medical expenditures as a percentage of revenue were lower in 2005 than they had projected.
ACCESSION #
33008195

 

Related Articles

  • RAC program hits snag over bid protests.  // Medical Economics;12/5/2008, Vol. 85 Issue 23, p12 

    The article reports on the suspension of the U.S. Centers for Medicare & Medicaid Services' (CMS) Recovery Audit Contractor (RAC). The temporary removal was in response to protests filed with the U.S. Government Accountability Office through unsuccessful bidders for the program. CMS announced...

  • CMS Working to Address Problems from Round 1 of the Durable Medical Equipment Competitive Bidding Program.  // GAO Reports;12/7/2009, preceding p1 

    The article presents a report prepared by the Government Accountability Office of U.S. to address the problems experienced by the Centers for Medicare & Medicaid Services (CMS) of U.S. during the round one of the bidding process of durable medical equipment competitive bidding program (CBP). CMS...

  • MEDICAID: More Transparency of and Accountability for Supplemental Payments Are Needed. Iritani, Katherine M. // GAO Reports;12/21/2012, preceding p1 

    The article discusses a report related to the U.S. health insurance which has been prepared by the U.S. Government Accountability Office (GAO). It informs that annual audits and reports for disproportionate share hospital (DSH) payments can help the Centers for Medicare and Medicaid Services...

  • Characteristics, Financial Risks, and Disenrollment Rates of Beneficiaries in Private Fee-for-Service Plans. Cosgrove, James C. // GAO Reports;12/15/2008, preceding p1 

    The article provides information on the study made by the U.S. Government Accountability Office (GAO) on private fee-for-service plans (PFFS). It cites that the report tries to compare PFFS plans to Medicare fee-for-service (FFS) in three aspects which are the characteristics of the...

  • CMS Assists Beneficiaries Affected by Inappropriate Marketing but Has Limited Data on Scope of Issue. Cosgrove, James // GAO Reports;1/19/2010, preceding p1 

    The article presents a report from the U.S. Government Accountability Office (GAO) on the inappropriate marketing of Medicare and Medicaid health insurance by Medicare Advantage (MA) organizations through the supervision of the Centers for Medicare & Medicaid Services (CMS). GAO investigates the...

  • Deficiencies in Contract Management Internal Control Are Pervasive.  // GAO Reports;11/24/2009, preceding p1 

    The article presents the Government Accountability Office's (GAO) assessment on the deficiencies of contract management in the Centers for Medicare and Medicaid Services (CMS) in the U.S. It states that the deficiencies in CMS contract management increase the risks of improper payments or waste...

  • Medicare Advantage: CMS Actions Regarding Plans' Health Reform Communications. Cosgrove, James C. // GAO Reports;10/13/2010, p1 

    The article presents a study of the U.S. Centers for Medicare & Medicaid Services's (CMS's) Medicare Advantage (MA) program conducted by the Government Accountability Office (GAO). It examined how CMS learned that private health insurer Humana Inc. sent a letter to beneficiaries on the impact of...

  • Medicare Integrity Program: Agency Approach for Allocating Funds Should Be Revised: GAO-06-813.  // GAO Reports;10/9/2006, p1 

    Since 1990, GAO has considered Medicare at high risk for fraud, waste, abuse, and mismanagement. The Medicare Integrity Program (MIP) provides funds to the Centers for Medicare & Medicaid Services (CMS--the agency that administers Medicare--to safeguard over $300 billion in program payments...

  • Centers for Medicare and Medicaid Services Needs to Ensure More Widespread Use. Melvin, Valerie C. // GAO Reports;7/12/2011, preceding p1 

    The article presents a study conducted by the U.S. Government Accountability Office (GAO) concerning the Centers for Medicare and Medical Services ((CMS) program. It states that CMS has established two information technology system programs, the Integrated Data Repository (IDR) and One Program...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics