by Christine Taxin, President - Links2Success
Jun 2nd, 2020
The Centers for Medicare & Medicaid Services finalized several changes in Medicare Advantage and Part D on Friday.
The Trump administration has finalized several changes in Medicare Advantage (MA) and Part D in anticipation of bid submissions on June 1.
The Centers for Medicare & Medicaid Services (CMS) released Friday that includes technical changes mandated by the 21st Century Cures Act and the 2018 Bipartisan Budget Act, notably targeting telehealth.
CMS will offer MA plans greater flexibility to offer and discount telehealth for specialty care, which will allow them to grow their benefits while meeting network adequacy standards.
“CMS’s rapid changes to telehealth are a godsend to patients and providers and allows people to be treated in the safety of their home,” said CMS Administrator Seema Verma in a statement. “The changes we are making will help make telehealth more widely available in Medicare Advantage and are part of larger efforts to advance telehealth.”
In the new rule, the agency also finalized changes to MA and Part D Star Rating methodology to incorporate member feedback to a greater degree.
"One of the best indicators of a plan’s quality is how its enrollees feel about their coverage experience," CMS said in a release. "This decision reflects CMS’s commitment to put patients first and improves incentives for plans to focus on what patients value and feel is important."
CMS estimates the changes will save the government $3.65 billion.
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About Christine Taxin, President - Links2Success
Provided by Christine Taxin of Links2Success Dental Management & Consulting Service
Links2Success Dental Management & Consulting Service provides practice management support to medical & dental practices and offers opportunities for individuals looking for Continuing Education in Dental Management to develop the necessary communication and organizational tools. Christine Taxin's presentations and webinars on practice management are packed full of concepts and systems that can be applied immediately in your business. Her seminars address the doctor and the entire team with positive and fun solutions for a productive and successful practice in today’s changing economy.
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