CMS Expects 1% Pay Bump Restricted By Risk Adjustment Revisions

By Bridget Early / February 1, 2023 at 8:34 PM

CMS on Wednesday (Feb. 1) projected in the 2024 advance rate notice that Medicare Advantage plans could see a pay bump of around 1% for 2024 – a sharp decrease from the more than 8% pay bump they received for 2023, as well as the 4% increase plans got for 2022.



Not a subscriber? Sign up for 30 days free access to exclusive, detailed reporting on drug pricing reforms, Medicaid policy, FDA news and much more.