Biden Admin Cuts Medicare Advantage Reimbursements

CMS finalized a slight decrease in Medicare Advantage benchmark payments for 2025. 

The agency published its final rate notice for 2025 April 1. The final rule was largely similar to CMS' proposed payment rates issued in January. The agency will cut benchmark payments by 0.16% from 2024 to 2025. ...

Berkeley Research Group estimated MA beneficiaries would see their benefits reduced or cost sharing increased by $33 per month on average. The analysis was funded by the pro-MA Better Medicare Alliance.