Last Friday, the Centers for Medicare and Medicaid Services (CMS) published a report that reviewed the Medicare Supplementary Medical Insurance (SMI) Trust Fund for 2023 and determined that cost-savings from unexpectedly low Medicare Part B spending in 2022 could be recommended to drive premium cuts for Part B coverage next year.
The...National News
Last Thursday, the U.S. Senate voted to delay statutory cuts to Medicare. There were two types of cuts, the first -- 2% -- were delayed until March and relate to Medicare sequestration, which is an automatic reduction of federal spending to enforce a balanced budget. Sequestration of 2% was initially delayed by the Coronavirus Aid,...