ICD10monitor January 29, 2024
The Biden Administration has announced that it is poised to begin collecting feedback regarding proposed sweeping changes to the growing Medicare Advantage (MA) marketplace, marking momentum for what some might describe as the advent of long-overdue reform.
The Request for Information (RFI) issued on Jan. 25 came after officials last month announced an intent to promote competition in healthcare, including “increasing transparency” in the MA insurance market and strengthening MA programmatic data.
In a U.S. Department of Health and Human Services (HHS)-Centers for Medicare & Medicaid Services (CMS) joint press release, officials noted that MA has now grown to over 50 percent of Medicare enrollment – up from just 19 percent in 2007 – and the government is expected to...
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