UnitedHealth grows Q3 revenue, eyes 2019 expansion; Insurers see broad market opportunities with end-of-life care; #AHIPMMD: Verma touts MA growth, blasts Medicare for all; Anthem shells out $16M in largest ever HIPAA fine
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Note from the editor
The America's Health Insurance Plans annual conference on Medicare, Medicaid and dual eligibles is well underway here in the nation's capitol.
Healthcare leaders from all over the country have weighed in on critical issues such as how to address social determinants of health in Medicare Advantage plans and how to move toward value-based care in partnership with providers.
CMS Administrator Seema Verma stepped into politics on Tuesday by railing against Medicare for all, which is being floated by some Democrats. Verma also touted the growth of MA plans and the new offerings available starting next year.
Follow me here as I live tweet from the event, and be sure to follow along at #AHIPMMD. We'll provide you with key takeaways from the conference straight to your inbox through our daily newsletter.
As payers gathered at AHIP's annual conference on Medicare, Medicaid and dual eligibles, hot topics included the promises of Medicare Advantage, the role of the federal government and drug prices.
"The reimbursement rates are strong and it's a profitable service to be delivering," said Avalere's Dan Mendelson. "Whenever you have that kind of situation you're going to also have speculative buying and desire to grow these markets."
So far, 270 Medicare Advantage plans will offer new benefits allowed for 2019 that include adult day care and meals, the CMS administrator said at the annual payer conference.
The Trump administration is proposing a change to "public charge" policies that could also lead to higher costs for providers via uncompensated care and more ER visits, according to the Kaiser Family Foundation.
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