Medicare Advantage

[quidduo]

 I read an article on the Microsoft Start site that said MA had some minor changes last year, but CMS would be coming out with changes to MA plans in a couple months. The changes sound like increases in premium and eliminating approx 200 coverage items. Why are we not hearing of the changes in any of the media? This sounds like a biden administration idea to cut government costs. MA plans have been saving costs in general. What is going on? Thanks

[GailL1]

Most of the proposed changes have to do with procedures like prior authorizations and rules on marketing MA plans but there are other things too -

Here are some links to read about them and a CMS link at the bottom describing the new rule.

USA TOday 11/07/2023 - A new Biden proposal would make changes to Advantage plans for Medicare: What...

correlates to:  CMS.gov  Press Release -  11/06/2023 - Biden-Harris Administration Proposes to Protect People with M...

The NEW Rule:  Cms.gov Press Release 01/25/2024 - Biden-Harris Administration Launches Effort to Increase Medicare Advantage Transparency

[quidduo]

Thanks Gail! Some good links and information!