Policy & Medicine May 26, 2020
The insurance group, America’s Health Insurance Plans (“AHIP”) recently asked the Trump administration to postpone implementing new requirements for Medicare Advantage plans, and instead make them voluntary until 2022. AHIP noted that the proposed Centers for Medicare and Medicaid (“CMS”) rule would be difficult to implement due to the ongoing disruptions in the industry brought about by the COVID-19 pandemic.
In the letter to CMS, AHIP noted that “[e]normous uncertainties about the scope, cost, duration and ultimate impact of the COVID-19 crisis remain that could have significant and unforeseen effects on the Medicare Advantage (MA) and Part D programs in 2021.” They noted that actuarial uncertainties are affecting current 2020 operations and the ability of MA and Part D plans...