Baucus Committee confirms cut in Medicare Advantage Benefits.

Baucus Committee confirms cut in Medicare Advantage Benefits.
The Congress Daily confirmed on Wednesday the news that senior benefits under Medicare Advantage Plans would be cut. This confirmation came just a day after Humana was accused of misrepresenting and misleading its Medicare Advantage Policyholders.
"Baucus' mark requires Medicare Advantage plans to competitively bid federal payment rates in an attempt to eliminate overpayments for the private insurers to offer extra benefits traditional Medicare beneficiaries do not receive. The extra benefits will likely be cut under the overhaul.
Republicans claimed the Medicare Advantage cuts run counter to President Obama's assertions that Medicare benefits would not be cut. Democrats parsed their words to keep Obama's promise, arguing Medicare beneficiaries do not receive the extra benefits the private plans offer.
Private plans serve nearly a quarter of the 45 million Medicare beneficiaries. " It is time to stop the sin of lying through omission, and to stop others from telling the truth, A link to the entire article is found here:http://www.nationaljournal.com/congressdaily/hcp_20090923_4295.php