The preliminary 2013 Medicare Advantage payment rates and call letter that CMS unveiled Feb. 17 contained some good news for MA plans but also left a host of uncertainties. While payment rates stand to go up more than most expected, CMS has not yet addressed how the 2% payment cuts under the congressionally mandated sequestration will be applied. Moreover, MA sponsors won’t know till April the 2013 fee-for-service rates that affect MA plan payments. With all these hanging issues, find out what MA plans need to do now to plan for the payment climate in 2013 and beyond.
The On-Demand recording will be available immediately upon purchase* as a link within a PDF file of the accompanying written materials. CDs and printed materials are shipped via USPS.
Medicare Advantage plans and their partners got some key information about 2013 plan payments in the CMS “45-day notice” and call letter Feb. 17, but they still face a lot of uncertainties. The good news of an estimated annual growth rate of above 2% and no change in the coding intensity adjustment in the preliminary notice has to be put in the context of what still is not known about rates for 2013 and beyond. This includes how CMS will implement the 2% payment cuts resulting from the failure last year of the congressional “supercommittee” to find budget cuts. Also unknown is how the “rebasing” of counties that CMS said it will do again this year will affect payments for counties in 2013, which in turn may affect plan bids due on June 4.
But there are some important things that became known — and need to be factored into strategies — as a result of the 45-day notice. It is clear, for instance, that CMS will be using more up-to-date data in evaluating coding by MA plans. Also, CMS separately on Feb. 24 released the long-delayed risk adjustment data validation (RADV) audit extrapolation methodology, and MA plans also must take that into account in their planning.
Get a thorough analysis of the preliminary 2013 rate notice and what it means for business strategies of Medicare Advantage plans, with reliable strategic information on such key topics as:
PATRICK DUNKS is a principal and consulting actuary in the Milwaukee office of Milliman, Inc. He specializes in managed Medicare products, especially Medicare Advantage, and has assisted the firm’s clients with Medicare contracting, risk adjustment, medical cost estimates and projections, provider reimbursement strategies, product development, risk-sharing arrangements, and experience and trend analysis. Mr. Dunks joined the firm in 1985 after earning a bachelor’s degree from Saint Norbert College and a master’s in mathematics from Purdue University. He is a fellow of the Society of Actuaries and a member of the American Academy of Actuaries.
WILLIAM A. MACBAIN is senior vice president, finance of Gorman Health Group, LLC. He has more than 25 years of experience in senior management positions in the health care industry, including serving as chief financial officer of Capital District Physicians’ Health Plan in Albany, N.Y., and senior vice president and chief operating officer of Geisinger Health Plan in Danville, Pa. He has been a board member of the American Association of Health Plans (the predecessor to AHIP), a member of the Medicare Payment Advisory Commission and president of the Managed Care Association of Pennsylvania.
Moderator: Jim Gutman, managing editor of Medicare Advantage News and AIS’s Health Reform Week
CDs (and accompanying written materials) are shipped via UPS. Please give us your street address when you order (UPS does not deliver to PO boxes). You should receive your order within two weeks.* Shipping and handling cost is $12.
The On-Demand Recording will be delivered as a link within a PDF file of the accompanying written materials. Shipping will NOT be charged for this item.
Rush Orders: Please call us at 800-521-4323 to place a rush order.* We will overnight your order for an additional charge of $30, or you can give us your FedEx or UPS account number and we will charge the shipping to your account. Rush orders placed after 3:00pm EST will not be shipped out until the next business day.
*On-Demand recordings will be available within a week of the conference and CDs will be available within two weeks.
Listeners will also receive practical written information to supplement information covered by the Webinar speakers. A copyright release in the Printed Materials will permit you to make photocopies for each person listening to the Webinar and/or the On-Demand Recording.
Listen at your convenience to recent webinars with On-Demand or CD options!
Renew your subscriptions to AIS newsletter and looseleaf publications at the Renewal Center