MedCity News April 2, 2024
America’s Health Insurance Plans, the Better Medicare Alliance and the Association for Community Affiliated Plans all came out against CMS’ final 2025 Medicare Advantage and Part D rate announcement.
Health insurer advocacy organizations are disappointed after the Centers for Medicare and Medicaid Services (CMS) released the final 2025 Medicare Advantage and Part D rate announcement on Monday.
CMS said it expects total MA revenues to increase by 3.7%, or $16 billion, in 2025. The government is anticipated to pay $500 to $600 billion in Medicare Advantage payments to private health plans in 2025. Benchmark payments to MA plans, however, will decrease by 0.16% for 2025. The benchmark is “the maximum amount the federal government will pay plans for an average...
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