The federal Centers for Medicare & Medicaid Services (CMS) says preliminary 2012 payment policies for Medicare drug and health plans should maintain beneficiary choice.
The national per capita Medicare Advantage health plan “growth percentage” change, or cost trend, will be just 0.7%, but quality rating bonus should increase the average actual Medicare Advantage per-capita payment 1.6%, officials said today during a press conference.
The officials held the press conference to announce the posting of the 153-page advance notice and call letter for the 2012 Medicare Advantage and Medicare Part D prescription drug plan bidding process.
Potential bidders and other stakeholders have until March 4 to comment on the advance 2012 notice and the draft 2012 call letter.
The final 2012 rate notice and call letter will be available April 4, and bids will be due June 6.
Information about agent and broker compensation structures will be due July 25.
In 2012, plans that have 4-star or 5-star quality ratings on a 5-star scale will get higher payments than other plans, and plans in some counties will get higher payments than in other counties, officials said.
CMS will offer a special enrollment period in 2012 to help Medicare Advantage enrollee switch to a plan with a 5-star rating at any time during the year.