MacArthur Legislation Strengthens Medicare
Washington, DC – Congressman Tom MacArthur today announced that he has introduced legislation to improve Medicare Advantage and care for seniors. The Excellence in Medicare Act will motivate providers to better serve seniors through performance incentives that would also reduce premiums and copays for seniors.
Medicare Advantage has a star rating system for its plans that range from 5 stars to 1. A 5 star rating is considered excellent care, and a 1 is considered poor. The Excellence in Medicare Act would lift the star incentive cap and encourage innovation and improvement of the overall Medicare Advantage market, better serving seniors. Through this legislation, four and five star plans will now be eligible to receive performance incentives and rebates which must be returned to the beneficiary in the form of additional or enhanced benefits, such as reduced premiums or co-payments and expanded coverage. Repealing the cap to provide incentives for providers will be covered by medical malpractice reform, which would save the federal government $68 billion over 10 years.
“I’m glad that Congressman MacArthur is taking an interest in the problems seniors are facing,” said Evesham resident, Shirley Young. “Any help is appreciated - a reduction in cost would be a big help toward our other expenses.”
“I believe we can motivate providers to better serve seniors and provide the best possible care,” said Congressman MacArthur. “Incentivizing quality care and performance will encourage innovation and directly return these benefits to the seniors that rely on this care.”