CMS is gearing up to release the 2016 funding levels on February 20th, 2015.
Last year, there was a lot of intense lobbying in Congress after the first set of numbers were released, then they were changed due to these lobbying efforts.
What will happen this year? Speculation ranges from .8% increase, by JP Morgan Chase, up to 2% increase by other industry watchers. Medicare Advantage rates are not just driven by the needed numbers. Moreso, the increase or decrease is driven by politics.
We will see soon…
A good article on the topic:
Lobbying Peaks as Rates for Medicare Advantage Expected
From the former debate: