February 2, 2023
  • The Centers for Medicare & Medicaid Services (CMS) released the advance notice of methodological changes for Medicare Advantage (MA) capitation rates and payment policies for MA and Part D. The notice includes a 2.09 percent rate increase and a 1.03 percent average change in revenue for MA plans in 2024. The rate notice builds on another proposal released back in December that includes a bid to update MA and Part D star ratings to account for health equity. CMS asked for comments on potential new quality measures that assess how plans screen for social needs like transportation or food insecurity. The agency will publish the final rate notice by April 3 and will accept comments on the latest proposal by March 3. (Press release here; Article here)