In a Medicare Advantage hearing before the House Ways and Means Health Subcommittee on Friday, America’s Health Insurance Plans (AHIP) President Karen Ignagni confirmed that Obamacare is encouraging health care providers and private insurers to adjust their business models, just as the law was intended to do.
Although Ignagni noted that some of Obamacare’s provisions — such as its modifications to Medicare Advantage’s repayment structure — concern the insurance industry, she nonetheless acknowledged that the law has prompted health care providers, government agencies, and insurance companies to coordinate their care strategies while reexamining payment models: