Lexology February 8, 2023
On February 1, 2023, the US Centers for Medicare & Medicaid Services (CMS) released the Advance Notice of Methodological Changes for Calendar Year (CY) 2024 for Medicare Advantage (MA) Capitation Rates and Part C and D Payment Policies. The Advance Notice is released on an annual basis and includes proposed updates to the capitation and risk adjustment methodologies used to calculate payments to MA plans, as well as other payment policies that impact Part D. Comments are due March 3, 2023.
IN DEPTH
Comments on the Advance Notice are due March 3, 2023. The final Rate Announcement will be published no later than April 3, 2023. Among other provisions, the Advance Notice includes the following proposals:
Payment Changes / Growth...