The Biden administration has proposed a 0.2% cut in average benchmark payments for 2025 Medicare Advantage plans, attributed to the phase-in of a new risk adjustment system. However, the government still expects MA plans to receive more money next year due to intensive coding. HHS released the CY2025 proposed payment updates for Medicare Advantage and Medicare Part D programs, aiming to strengthen protections for beneficiaries. The FY '25 Advanced rate notice for Medicare Advantage indicates a slightly negative trend, with a -0.16% cut compared to the current policy, marking a second consecutive year of a lower benchmark rate. Medicare Advantage insurers are facing a slight proposed cut to 2025 payments.
Medicare Advantage insurers will face a slight proposed cut to 2025 payments. https://t.co/ZyrBaLXjQN
FY '25 Advanced rate notice for Medicare Advantage is slightly negative "-0.16% less in calendar 2025 than under current policy...would mark a second consecutive year of a lower benchmark rate" https://t.co/gxSt8p6fNe
Today, HHS released the CY2025 proposed payment updates for #Medicare Advantage & Medicare Part D programs.These policies would strengthen protections for the millions of people who rely on Medicare Advantage & Medicare Part D Rx drug coverage. Learn more: https://t.co/p3SwVTyBXu
The government wants to cut the average benchmark payments for 2025 Medicare Advantage plans by 0.2%. https://t.co/qV6QaIsf7V
Biden admin proposes -0.2% baseline payment cut for 2025 Medicare Advantage plans. Mostly due to the continued phase-in of a new risk adjustment system. But gov't still expects MA plans to get more money next year due to their intensive coding. Read more: https://t.co/MMDNTpyJrY