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Debt Management: Treasury’s Cash Management Challenges and Timing of Payments to Medicare Private Plans
Debt Management: Treasury’s Cash Management Challe

 
Our Price: $30.00
By Jennifer R. Luong (au)
Year: 2009
Pages: 49
Binding Paperback

Product Code: 1437913717

Description
 
A timing difference between cash in- and outflows poses challenges for the Dept. of the Treasury. Increased volatility of monthly cash flows may lead to unexpected short-term debt issuance and hence increased borrowing. While Social Security payments made at the start of the month will diminish gradually in coming years, start-of month payments to Medicare plan sponsors for Medicare Advantage and Part D benefits are projected to grow. This report: (1) describes how Treasury, the Centers for Medicare and Medicaid Services (CMS), and plan sponsors operate under the current payment schedule; (2) identifies timing options; and (3) describes potential implications for Treasury, CMS, and Medicare. Includes recommend. Illus.

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