On Monday CMS finalized a rule giving Medicare Advantage plans a 2.53% pay raise in 2020. This is far better than the 1.59% raise that was proposed previously.
Additionally, the final rule lifts some restrictions on Medicare Advantage plans offering supplemental benefits to patients with chronic illnesses that will address the social and environmental factors that can harm health. Plans will also be able to customize benefits or lower cost-sharing to meet the needs of their members.
Click here to read the official announcement from CMS.
We will analyze these changes in greater depth in our upcoming Home Health Today newsletter. Contact us to join our mailing list and secure your copy!