Centers for Medicare & Medicaid Services (CMS) issued its final CY2024 rate notice for Medicare Advantage (MA) 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.

Click here for more details on what is in the rate notice.

A possible concern about the 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.