Hospice News March 24, 2023
Three main factors drove the U.S. Centers for Medicare & Medicaid Services’ (CMS) decision to extend the value-based insurance design (VBID) model through 2030: patients’ social needs, health equity and improved care coordination.
Originally set to run between 2021 and 2024, CMS indicated yesterday that it would invest five additional years in the demonstration. This includes the hospice benefit component, often called the Medicare Advantage carve-in, CMS confirmed.
Though the agency has yet to announce the specifics, aspects of the program are expected to change through the expanded time period.
“The Medicare Advantage (MA) Value-Based Insurance Design (VBID) model, including its Hospice Benefit Component, will be extended to 2030,” a CMS spokesperson told Hospice News. “The extension and changes...
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