“CMS eyes 8% revenue increase for Medicare Advantage”

CMS eyes 8% revenue increase for Medicare Advantage,” by Danielle Brown, McKnight’s LTC News

 

Quote:

“The Centers for Medicare & Medicaid Services is forecasting a nearly 8% increase in revenue for Medicare Advantage plans next year. The agency released its 2023 advance notice earlier this week. The agency expects proposed policy changes, including many targeted at improving health equity, will result in a 7.98% revenue increase for Medicare Advantage organizations. … Medicare Advantage enrollment penetration now exceeds 40% of beneficiaries nationally, and in some states, penetration is over 50%, according to Brian Ellsworth, vice president for public policy and payment transformation for Health Dimensions Group.”

 

LTC Comment, Stephen A. Moses, President, Center for Long-Term Care Reform:

MA rising.