Puerto Rico Gov. Alejandro García-Padilla, publicly expressed his full support to the Puerto Rico Medicare Coalition for Fairness’ efforts aimed at repairing disparities in Medicare funding to the island during the Puerto Rico Chamber of Commerce’s 2014 Health and Insurance conference that took place this week at the Condado Plaza Hilton hotel.
Amidst a long lasting recession, Medicare program benefits in Puerto Rico re suffering the largest funding cuts in the United States, estimated at $700 million since the Affordable Care Act began to be implemented in 2011, healthcare leaders from the Puerto Rico Medicare Coalition for Fairness said Monday.
The market dominance of government-based healthcare coverage in Puerto Rico is driving managed care organizations to cover more generic drugs as fewer residents can afford more expensive plans, according to a recent report released by Mass.-based healthcare industry analyst firm Decision Resources Group.
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