Oppenheimer Reports On 2012 Medicare Advantage Rates

Oppenheimer has issued a report following the announcement of the Medicare Advantage Rates for 2012. According to the report, "CMS released the FY2012 rate announcement, which would have a net effect of +0.4%, compared to +1.6% in the 45-day notice released in mid-February. The primary reason for the decline was that CMS lowered the blended cost trend adjustment to -0.16% (vs +0.7% in the notice)."