Proposed CMS Rule on Medicare Advantage Marketing
Washington, D.C. – Senate Finance Committee Chair Ron Wyden, D-Ore., today released the following statement after CMS proposed a new rule to crack down on perverse marketing incentives in Medicare Advantage.
The rule comes after Senator Wyden led Senate Finance Committee Democrats in pressing CMS to take swift action to protect seniors against marketing scams.
“I commend CMS for taking action to root out the perverse incentives in the Medicare Advantage program that encourage brokers to put profits before seniors. Seniors deserve to know that the information they’re getting to help make important decisions about their health care is genuine and reliable. We still have a long way to go to root out fraudsters looking to make a quick buck at the expense of seniors, but this is a good start, and I am eager to continue my efforts to shed light on and address these abuses.”
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