Here are three things to know about the proposed change.
1. When taking coding trends into account, CMS anticipates payments will increase by an average of 3.1 percent for 2019.
2. The proposed updates will “result in a payment increase that promotes stability and insures [sic] that resources will be available to support beneficiaries enrolled in private Medicare plans,” CMS said.
3. CMS will publish final rate changes April 2. The agency will accept comments through March 5.
More articles on payer issues:
Cigna’s Q4 profits fall 30.4%, but FY net income up: 4 things to know
Anthem Q4 profits surpass $1B after one-time tax benefit: 3 things to know
Anthem’s discretionary ED policy lands patient with $12k bill: 8 things to know
