Medicare Payment Advisory Commission Releases Report on Medicare Payment Policy
Today, the
Fee-for-service payment rate recommendations. The report presents MedPAC's recommendations for 2018 rate adjustments in FFS Medicare. These "update" recommendations--which MedPAC is required by law to submit each year--are based on an assessment of payment adequacy that examines beneficiaries' access to and use of care, the quality of the care they receive, supply of providers, and providers' costs and
In this year's report, MedPAC continues to make recommendations to ensure high-quality care for
Encouraging the
The Commission has said that PAC payment reform should follow several principles, including that payments should be adequate to provide beneficiaries with access to needed services, that payments should be set to preserve the long-run sustainability of
The costs of failing to implement the Commission's PAC recommendations are substantial. We estimate that if this year's recommendations were implemented, FFS spending would be reduced by more than
The Commission also discusses another inequity in MA payment policy and makes a recommendation to address it. MA enrollees are required to enroll in both Part A and Part B. However, MA benchmarks are currently based on the
Part D. Participation in the
A list of recommendations is included in the accompanying fact sheet. The entire report is available online at http://www.medpac.gov.
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