Medicare Advantage payments to increase 2.53% in 2020
The Centers for Medicare & Medicaid Services will raise average payments to Medicare Advantage plans by 2.53% in 2020, higher than the 1.59% hike initially proposed by the agency. The agency will also give MA plans greater flexibility starting next year to offer supplemental benefits to help address social determinants of health for people with chronic conditions.
Healthcare Finance (4/1), Reuters (4/1), HealthLeaders Media (4/1)