Becker's Healthcare December 21, 2023
2023 was an eventful year for Medicare Advantage.
As the program continued to grow, with enrollment surpassing 30 million in 2023, some hospitals are beginning to push back on private Medicare plans. CMS also introduced new rates and regulations in 2023 that are taking effect in 2024.
Here are 10 of the biggest Medicare Advantage stories Becker’s reported in 2024.
- A growing number of hospitals and health systems nationwide are pushing back and dropping some or all contracts with Medicare Advantage plans, citing excessive prior authorization denial rates and slow payments from insurers. Becker’s has reported at least 15 systems dropping some or all MA plans in 2023.
- CMS’ overall average star ratings declined slightly for...