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GAO Releases Report on Medicaid Funding in Assisted Living

February 22, 2018

Background On Feb. 5, the GAO released a report entitled “Medicaid Assisted Living Services: Improved Federal Oversight of Beneficiary Health and Welfare Is Needed.” The report comes in response to a 2015 request from Sens. Collins (R-ME), McCaskill (D-MO), Warren (D-MA) and Hatch (R-UT) for a review of Medicaid spending, and federal and state oversight…


President Trump Unveils $4.4 Trillion Budget for FY 2019

February 13, 2018

On Feb. 11, 2018, the Trump administration released a proposal for government funding for FY 2019. This funding comes on the heels of Congress enacting a two-year budget agreement that sets spending limits for both defense related-matters and domestic programs. The proposed budget blueprint funds domestic program levels significantly below the Congressional agreement and also repeals…

Press Release

Argentum Monitoring Impact of Proposed Budget on Senior Living

May 23, 2017

President Trump’s fiscal year 2018 budget submitted to Congress this week leaves core Social Security and Medicare benefits untouched, but proposes substantial cuts to anti-poverty programs impacting seniors and their families. The budget proposal “A New Foundation for American Greatness,” aims to balance the federal budget over ten years with tax and regulatory reforms aiming…


CMS Announces 2017 Medicare Premiums and Deductibles

November 16, 2016

The Social Security Administration announced that the cost-of-living adjustment, or COLA, for Social Security benefits will be 0.3 percent for 2017 and because of that low COLA, a statutory “hold harmless “ provision designed to protect seniors largely wi


CMS Puts Temporary Halt on Medicare ‘Seamless Conversion’

November 10, 2016

The federal government is preventing additional health insurance companies from automatically moving Medicare beneficiaries into Medicare Advantage plans while officials assess the practice.


Senate Committee Floats Idea of New Medicare Code for Alzheimer’s Planning

November 1, 2016

Senate Finance Committee staff have issued a draft of legislation to address chronic care issues, which includes asking for a report to Congress to inform the development of a Medicare payment code for creating a long-term care plan for a beneficiary diag


Study: Most Medicare Beneficiaries Have Two or More Impairments

November 1, 2016

A new study seeks to describe the characteristics and health spending of Medicare beneficiaries with physical and cognitive impairments, or PCI, and estimate their likelihood of becoming a Medicaid beneficiary.


Medicare Advantage Premiums Expected to Remain Stable in 2017

September 28, 2016

Medicare Advantage premiums are expected to remain stable next year for about 67 percent of enrollees, according to the Centers for Medicare and Medicaid Services.

Research Article

CMS: ACOs Saved More Than $1B Since 2012

September 1, 2016

Accountable care organizations, or ACOs, have saved more than $1.29 billion since 2012, according to a statement from the Centers for Medicare and Medicaid Services.


CMS Announces Modifications to Medicare Advantage Value-Based Insurance Design Model

August 18, 2016

The Centers for Medicare and Medicaid Services (CMS) will make changes to the Medicare Advantage Value-Based Insurance Design (MA-VBID) mode.


Medicare Prescription Drug Benefit Rises Slightly

August 3, 2016

Medicare announced the average basic premium for a Medicare Part D prescription drug plan in 2017 is expected to remain “relatively stable” at an estimated $34 per month – an approximate $1.50 increase over the average premium in 2016.


Senior Living Explores the Benefits of ACOs

August 2, 2016

Senior living firms are poised for progress with accountable care organizations, ready to engage with these groups of doctors, hospitals and other healthcare providers who unite to provide high quality, lower-cost care for Medicare recipients.

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