Medicare Payment Changes: Biden Administration Softens Reforms.
TL;DR Summary
The Biden administration will implement changes to Medicare payments for private Medicare plans, known as Medicare Advantage, over three years instead of one, reducing the impact in 2024. The changes will eliminate or reduce payments for some health conditions, but the industry pushed back against the earlier proposal.
Topics:business#biden-administration#healthcare#healthcare-industry#medicare-advantage#medicare-payments#private-medicare-plans
- Biden Administration to Move Forward With Changes to Medicare Payments The Wall Street Journal
- Medicare Delays a Full Crackdown on Private Health Plans The New York Times
- US softens cut to Medicare Advantage 2024 payments Reuters
- 'Bending the Knee' to Insurance Lobby, Biden Admin Delays Medicare Advantage Reforms Common Dreams
- CMS to raise Medicare Advantage pay rates by 3.3% in 2024; phase in risk adjustment changes FierceHealthcare
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