The private Medicare Advantage health plans that provide program benefits for roughly 27 million beneficiaries will see a nearly 4.1% revenue increase in 2022 under final payment rates announced Friday by the Trump administration.
The Centers for Medicare & Medicaid Services originally proposed a 2.8% increase.
The rate hike reflects methodological changes in “Medicare Advantage Capitation Rates and Part C and Part D Payment Policies” by the CMS.
Enrollment in the 4,800-plus private Medicare Advantage plans is expected grow by 2.5 million in 2021 to a record 26.9 million people, or 42% of Medicare enrollees, the CMS estimates.
The CMS ...