The U.S. Chamber of Commerce recently hosted its 4th Annual Health Care Summit, “Optimizing the Next Generation of Health Care,” to discuss various ways to improve the U.S. health care system. I was honored to participate in a panel discussion on best practices in Medicare Advantage (MA), along with Kevin Cammarata, Executive Director, Benefits, Verizon; Dr. Gary Puckrein, President and CEO, National Minority Quality Forum; and Chester Speed, Vice President, Public Policy, American Medical Group Association.
The Medicare Advantage (MA) program has received a lot of attention over the past six weeks. Every year between late February and early April, the Centers for Medicare and Medicaid Services (CMS) release a preliminary and final notice of MA payment rates, which impact both plans and patients. This “rate notice period” stimulates significant debate around policy changes to the program.
The first federal budget was introduced by Alexander Hamilton in 1790.[i] 224 years later, lawmakers recently passed another spending bill – this time, a $1 trillion package that will impact key federal programs like Medicare.