Increases are expected to become effective in calendar 2024.
The Centers for Medicare & Medicaid Services (CMS) have released the Announcement of Calendar Year (CY) 2024 Medicare Advantage (MA) Capitation Rates and Part C and Part D Payment Policies (the Rate Announcement).
The capitation rates provide the base amount paid to MA plans prior to risk score adjustments.
The Biden Administration finalized a proposal to raise Medicare Advantage payments by 3.32 percent in 2024, slightly above the 1 percent raise that it proposed.
The Inflation Reduction Act 2023 (IRA) made several improvements to the standard Part D drug benefit defined in the Social Security Act. Part D benefit-related IRA updates that will be in place for CY 2024 include the following:
The IRA passage in August of this year is expected to affect the healthcare of millions of Americans. Provisions will change how certain drug prices get determined, limit out-of-pocket costs for older Americans, and could help ensure continued coverage for Medicaid beneficiaries when the COVID-19 Public Health Emergency (PHE) ends May 11.
Programming note: Listen to Tim Powell’s live news reports every Tuesday morning on Talk Ten Tuesdays with Chuck Buck and Dr. Erica Remer.
Today, I want to bring attention to an issue that is once again under scrutiny, how hospitals report patient harm events under the Centers for
As with many other physicians of a certain age, I have had the opportunity to practice patient care in both the worlds of paper and
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