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The Medicare Payment and Advisory Commission has called for a "major overhaul" of Medicare Advantage policies, according to its annual report to Congress, Becker’s Payer Issues reports. MedPAC predicts that by 2024, the government will spend $83 billion more on Medicare Advantage beneficiaries than if they were enrolled in fee-for-service Medicare, increasing Medicare premiums by $13 billion. The commission has recommended addressing coding intensity, overhauling the star ratings program, and updating benchmark payments, while expressing skepticism about the value of supplemental benefits funded by federal payments.
1. Hackers leak stolen data from Change Healthcare on dark web
2. UnitedHealth estimates $1.6 billion loss from Change cyberattack
3. UnitedHealth reports significant data breach; personal health info compromised
4. Ex-NBA player Will Bynum sentenced in insurance fraud scandal
5. Illinois House passes governor’s 'Healthcare Protection Act’
6. Analyst says Cigna, Humana share prices could put merger back on the table