CMS Finalizes Payment Updates for 2025 Medicare Advantage and Medicare Part D Programs

Published on: 28/03/2025

Today, the Centers for Medicare & Medicaid Services (CMS) finalized the Calendar Year (CY) 2025 Rate Announcement for the Medicare Advantage (MA) and Medicare Part D Prescription Drug (Part D) Programs that updates payment policies for these programs and ensures payment accuracy. The Rate Announcement complements policies in the CY 2025 MA and Part D proposed rule that would strengthen protections for the millions of people who rely on MA and Medicare Part D prescription drug coverage, which will be finalized in the coming days. Under this CY 2025 Rate Announcement, payments from the government to MA plans are expected to increase on average by 3.70 percent, or over $16 billion, from 2024 to 2025. The federal government is projected to pay between $500 and $600 billion in Medicare Advantage payments to private health plans in 2025.

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3 Big Changes Are Coming To Medicare In 2025 - here's what you need to know before the Open Enrollment Period

Published on: 28/03/2025

Approximately 67.3 million people are enrolled in Medicare, according to the Centers for Medicare and Medicaid Services. Those 65 and older rely on Medicare to stay healthy, whether they sign up for traditional Medicare coverage through the government or Medicare Advantage Plans offered by private insurers. For the millions collecting Medicare, it's important to know that some changes are coming in 2025. These modifications will affect spending limits for prescription drugs

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