CMS issued its final CY2024 rate notice for Medicare Advantage plans. In addition to changes about how MA plans are paid, the notice also includes changes that reduce out of pocket costs for Part D enrollees. For more details on what is in the rate notice, here is a LeadingAge article. Our only concern about this rate notice and the CMS final rule on recouping plan overpayments is that we might see plans more aggressively reduce provider rates in the coming year to offset any losses they experience. We are expecting the CY2024 MA policy and technical change final any day now. It contains provisions that could limit prior authorizations by the plans among other changes.
