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March 25, 2004 at 07:00 PM
NU Online News Service, March 25, 2004, 3:07 p.m. EST – Congressional Budget Office analysts doubt preferred provider organizations will have much luck attracting Medicare beneficiaries.[@@]
The Medicare Prescription Drug, Improvement and Modernization Act of 2003 includes provisions that will encourage PPOs to join the new Medicare Advantage managed care program.
The Bush administration is expecting private insurers to set up many Medicare PPOs that will have costs substantially lower than the cost of providing traditional fee-for-service Medicare coverage in the same markets, CBO Director Douglas Holz-Eakin testified Wednesday at a House Ways and Means Committee hearing.
