The insurance industry's lobbying efforts paid off Monday, as the Centers for Medicare & Medicaid Services announced they scrapped a proposed cut to Medicare Advantage plans.
The Medicare agency in February proposed a 2.2 percent cut in Medicare Advantage payments, a move that America's Health Insurance Plans immediately slammed before launching a fierce lobbying campaign against it.
The insurance trade organization's campaign included reports and studies defending Medicare Advantage, television ads and a letter-writing campaign among members of Congress.
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