Home Health Care News February 2, 2024
On Wednesday, the Centers for Medicare & Medicaid Services (CMS) released its 2025 proposed payment updates for the Medicare Advantage (MA) and Medicare Part D Prescription Drug Programs.
These updates to the payment policies come at a time when MA enrollment continues to skyrocket.
Under the proposal, MA plans would see a 3.70% — or over $16 billion — increase, on average, in MA payments from the government from 2024 to 2025.
“This expected increase includes consideration of the various elements that impact MA payment, such as growth rates of underlying costs, 2024 Star Ratings for 2025 quality bonus payments, continued phase-in of risk adjustment model updates that were implemented in CY 2024, and increases to risk scores because of...