Fierce Healthcare April 5, 2024
Centers for Medicare & Medicaid Services finalized a host of actions ranging from broker compensation, health equity, mental health, supplemental benefits and biosimiliars, in the Contract Year 2025 Medicare Advantage and Part D final rule Thursday night.
Technical experts and industry execs warned the changes will be consequential for MA plans.
“Yesterday’s 2025 Final Rule was one of the more impactful that I can recall in my two-plus decades in the industry,” said Sean Libby, president at BeneLynk. “It is clear that MA plans need a roadmap for health related social needs and health equity.”
“It is difficult to put words to the extent and impact of changes codified today,” said Melissa Newton Smith, senior advisor for Oliver Wyman. “Every...