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Rate Notice Crash Course

Medicare Advantage payment and policy changes are typically made through the Annual Rate Notice and Call Letter, issued by the Centers for Medicare & Medicaid Services (CMS). For Contract Year 2021, CMS will be releasing the Advance Notice of Methodological Changes and Draft Call Letter in two parts and will finalize these proposed changes in April as part of the Final Rate Notice and Call Letter. As of January 6th, Part I of the 2021 Advance Notice of Methodological Changes has been released and comments are due by March 6, 2020. Part II of the Advance Notice is expected to be released at the beginning of February with a 30-day comment period. Through this annual rate setting process, CMS may change any or every element of Medicare Advantage payment rates, including changes to the risk adjustment model, Star Ratings system, and other factors that significantly influence payment rates. Below, BMA has provided resources to catch up on key policies of Medicare Advantage and to better understand the any proposed changes.

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Press Releases
Better Medicare Alliance Urges CMS to Promote Stability for Medicare Advantage Beneficiaries in 2025 Final Rate Notice February 15, 2024

Current medical trends should be appropriately accounted for to prevent program instability WASHINGTON – Today, Better Medicare Alliance (BMA), the nation's leading research and advocacy organization supporting Medicare Advantage, is urging the Centers for Medicare…

Press Releases
Better Medicare Alliance Statement on 2025 Medicare Advantage Advance Notice January 31, 2024

WASHINGTON – Better Medicare Alliance, the nation's leading research and advocacy organization supporting Medicare Advantage for the more than 32 million beneficiaries it serves, issued the following statement today after the Centers for Medicare &…

Press Releases
Bipartisan Group of 61 U.S. Senators Sends Letter to CMS Urging Stability for Medicare Advantage for More Than 32 Million Beneficiaries January 29, 2024

Sens. Catherine Cortez Masto (D-NV), Tim Scott (R-SC), Gary Peters (D-MI) and Shelley Moore Capito (R-WV) lead geographically and politically diverse group of Senators who support Medicare Advantage WASHINGTON — Better Medicare Alliance, the nation’s…