Becker's Healthcare January 22, 2024
The Medicare Payment and Advisory Commission is considering standardizing the supplemental benefits Medicare Advantage insurers can offer, to make it easier for beneficiaries to compare plans.
At its Jan. 12 meeting, commission staff, which advises Congress on Medicare, put forth several options for standardizing Part A and B cost sharing and hearing, vision and dental benefits. The proposed standardizations would not apply to additional supplemental benefits, or employer-sponsored or special needs Medicare Advantage plans.
Possible options put forward by the committee staff include creating standard services to be covered by supplemental dental, vision and hearing benefits and standard cost-sharing levels for part A and B services. The staff also proposed limiting the number of plans insurers can offer...
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