This webinar was held on February 22, 2022.
The Centers for Medicare & Medicaid Services (CMS) recently released the 2023 Advance Notice of Methodological Changes for Medicare Advantage Capitation Rates and Part C/D Payment Policies, which proposes important changes in plan payments, risk adjustment, Star Ratings, and other key financial and regulatory requirements for 2023.
During this webinar, consultants from Wakely Consulting Group, an HMA Company, provided an overview of the proposed changes, with an emphasis on the likely impact that the new rates and policies will have on Medicare Advantage bids, membership growth, quality, and strategy. Speakers also touched on other recent public statements from federal regulators that could point to additional future changes for Medicare Advantage plans.
Learning Objectives
- Understand how the proposals in the Advance Notice will impact Medicare Advantage payment rates in 2023.
- Learn about updates to payment models and risk-adjustment methodologies, including a new effort to engage Medicare Advantage plans in value-based models that transform care.
- Find out how new initiatives to account for how well plans address equity and social determinants of health will impact Star Ratings.
- Understand the growth prospects for Medicare Advantage, including a look at how COVID-19 continues to affect plan membership growth, financial risk, and profitability.
HMA Speakers
Thomas Grivakis, Senior Consulting Actuary, Wakely
Rachel Stewart, Consulting Actuary, Wakely
