Becker's Healthcare January 18, 2019
Seven things to know:
1. The new Medicare Advantage model is an update to the Medicare VBID model, which was launched in 2017. The new Medicare Part D model is dubbed the Part D Payment Modernization model.
2. Both models are voluntary, allowing certain Medicare Advantage and Part D plans to opt in to the model. Patients can also choose to enroll in plans participating in the model.
3. The VBID model will test changes to Medicare Advantage plans, allowing them to offer Medicare’s hospice benefit beginning in 2021. In addition, CMS...
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Topics: CMS, Govt Agencies, Insurance, Medicare Advantage, Payment Models, Pharma, Provider, Value Based