Fierce Healthcare February 10, 2020
The White House unveiled its proposed budget for the fiscal year 2021, which calls for major cuts to Medicaid that have infuriated provider groups but includes key changes for Medicare Advantage (MA) and other programs.
While the proposed budget is likely to be dead on arrival on Capitol Hill, it does give key insights into regulations and legislation that the Trump administration wants to pursue. For example, it keeps intact key policies on instituting site-neutral payment cuts and on Medicaid work requirements.
Beyond the top-line numbers and controversial policies lay several critical changes the administration is proposing, including:
Letting Medicare Advantage plans enter into any reinsurance arrangements
Currently, there are several types of reinsurance arrangements that MA plans cannot...