McKnight's January 22, 2019
The federal government announced a broad array of changes to Medicare Advantage plans last week in hopes it will further pressure providers to up their game in caring for seniors.
Centers for Medicare & Medicaid Services officials said Friday that those “innovations” will include everything from customizing plans based on beneficiaries’ chronic conditions and socioeconomic status to increasing access to telehealth services. It also wants to up plans’ incentives for seniors to improve their health.
CMS Administrator Seema Verma said Medicare Advantage was launched 13 years ago, and was due for a facelift. The new Center for Medicare & Medicaid Innovation model will ideally spur greater competition among plans, while also “creating pressure to improve quality and lower costs...
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