“Feds relax Medicare Advantage regulations amid pandemic,” by Bob Herman, Axios
Quote:
“Federal payments to Medicare Advantage companies will increase by 1.66% in 2021, and several of the insurance program’s policies are being waived or changed due to the coronavirus outbreak, the Centers for Medicare & Medicaid Services said Monday.
The bottom line: Medicare Advantage continues to grow at a lofty rate, and the Trump administration is protecting those health insurers through the pandemic and into next year.
Between the lines:New regulatory changes, issued due to the coronavirus, are arguably more important than the payment increase.”
LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform):
MA continues to grow despite the virus.