February 02, 2022

Mike Adelberg Quoted by Modern Healthcare on Proposed Medicare Advantage Effective Growth Rate

Modern Healthcare reported that the Centers for Medicare and Medicaid Services proposed increasing Medicare Advantage (MA) payments by 7.98% in 2023. Faegre Drinker Consulting Principal Mike Adelberg addressed the potential impact on MA plans.

The publication explained that the projection includes a 3.5% increase in the MA risk score trend and factors in a 4.75% effective growth rate. Adelberg said, “The proposed effective growth rate is higher than the prognostications I had seen. Absent a sharp reversal in the final note, this ensures another year of benefit and enrollment growth for MA plans.”

The full article is available for Modern Healthcare subscribers.

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