Becker's Healthcare April 5, 2023
CMS published its final Medicare Advantage rate notice for 2024 on March 31, moving ahead with changes to risk adjustment payments but phasing in the model over three years.
Because the changes will be phased in over three years, the agency said Medicare Advantage plans will see an average payment increase of 3.32 percent between 2023 and 2024, up from 1.03 percent in the advance notice.
Here is what six industry leaders said about the policy:
Matt Eyles, president and CEO of AHIP, said the association appreciates CMS’ decision to phase in rate changes over time.
“A large bipartisan group of Congressional champions and other stakeholders stepped forward to demonstrate their strong support for beneficiaries and...
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