Healthcare Finance News February 24, 2022
With a rate announcement expected soon, MedPAC cautions that MA may worsen Medicare’s sustainability.
More than 60 members of the U.S. Senate have sent a letter to the Centers for Medicare and Medicaid Services urging the agency to protect Medicare Advantage by keeping rates stable, as CMS is expected to finalize its MA rate announcement for 2023 by April 4.
Senators extolled the virtues of Medicare Advantage, citing its varied benefits – meal services, telehealth, in-home care, nutrition services, hearing, dental and the like – and claimed that the program has been instrumental in helping enrollees stay healthy and safe during the COVID-19 pandemic.
That, the senators said, is the primary reason they’re urging the Biden Administration to maintain stability...
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