Becker's Healthcare February 26, 2024
Medicare Advantage beneficiaries could see their supplemental benefits reduced or cost-sharing increase by $33 a month on average in 2025, according to an analysis from the Berkeley Research Group.
The analysis, published Feb. 26, was commissioned by the Better Medicare Alliance, a pro-MA group backed by insurers.
CMS’ proposed rates for Medicare Advantage plans in 2025 will not offset rising medical costs, the research group found. Every major insurer has indicated medical costs in the program are on the rise.
The analysis projected medical costs will rise between 4% and 6% in 2025. CMS’ proposal would cut benchmark payments to plans by 0.16%, according to the agency’s estimates.
Plans could offset some of the difference between...
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