CMS to the Rescue for MA and Part D Plans – Rate Announcement Includes Significant Increase in Plan Payments for 2022 | Sheppard Mullin Richter & Hampton LLP
To embed, copy and paste the code into your website or blog: Over the last year, we have seen volatility in the healthcare industry overall, and Medicare Advantage (“MA”) and Medicare Part D plans (together, “Plans”) have not been immune. Particularly because of their risk adjustment payment models, and metrics by which they are measured, it was unclear how the Centers for Medicare and Medicaid Services (“CMS”) would respond. On January 15, 2021, CMS published its annual MA and Part D Rate Announcement (the “Announcement”). The Announcement, which followed the release of the 2...