Health Payer Intelligence February 29, 2024
The value of healthcare for beneficiaries, including supplemental benefits and premiums, could be negatively impacted if CMS finalizes the Advance Notice policies.
The proposed 2025 Medicare Advantage Advance Notice would impact the value of healthcare for beneficiaries, resulting in higher costs, according to an analysis from the Berkeley Research Group (BRG).
CMS estimated that the policies in the Advance Notice will increase Medicare Advantage plan revenues by 3.70 percent but reduce the 2025 benchmark rate by 0.16 percent compared to current policies.
BRG projected that Medicare Advantage medical cost inflation will increase by 4 to 6 percent in 2025, and plans will need to increase payments for medical costs by at least 2 percent to cover a portion of this...
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