Senate Republicans are proposing cuts to the Medicaid program for low-income and disabled people that are more aggressive than policies the House passed to help pay for President Donald Trump’s sweeping tax package. Notably, the Senate abandoned efforts to cut costs in the Medicare program that provides health insurance to people over age 65 and the disabled. The decision is good news for Humana Inc. and UnitedHealth Group Inc., which are major players in the Medicare Advantage insurance market. Senator Bill Cassidy, a Louisiana Republican, had pushed to clamp down on private Medicare Advantage insurers by making it harder to game the federal subsidy system by exaggerating the health challenges their enrollees face. But Cassidy’s proposal faced some opposition among Republicans.
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Source: https://finance.yahoo.com/news/senate-republicans-omit-medicare-advantage-202653954.html