Thursday, July 26, 2007

HMOs to start ad blitz against Medicare cuts

(Reuters) - U.S. health insurers will launch one of their biggest campaigns ever on Thursday to stem the loss of billions of dollars in Medicare payments and they will feature seniors, like Harry and Louise a decade ago, fretting over their benefit coverage.




The deep-pocketed industry is on defense as the U.S. House of Representatives considers slashing $47 billion in payments to private health plans in Medicare, the federal insurance for the elderly and disabled, to help expand a popular children's health program.


Read more at Reuters.com Government Filings News

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