Fierce Health Payers October 2, 2020
A key Medicare advisory panel showed support for overhauling how Medicare Advantage (MA) plans are paid to bring payments more in line with traditional Medicare fee-for-service.
The Medicare Payment Advisory Commission, which develops recommendations to Congress on Medicare policy, discussed the issue during its Thursday meeting. The group was largely in favor of creating a new payment approach that calculates MA payments based on a blend of local and national spending as opposed to the current methodology, which sets benchmarks on a county-by-county basis.
The panel did not decide on how exactly to blend the Medicare benchmarks and has yet to formalize a recommendation to Congress. But the meeting underscored the panel’s desire to make reforms to the MA payment...