Biden administration tackles 'anti-competitive' behavior with Medicare Advantage plans

  • 📰 dcexaminer
  • ⏱ Reading Time:
  • 51 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 94%

Health Health Headlines News

Health Health Latest News,Health Health Headlines

Gabrielle M. Etzel is the healthcare policy reporter for the Washington Examiner. Prior to joining the Washington Examiner, she served as a staff reporter at Campus Reform and as a freelance writer.

The Biden administration on Monday proposed new regulations on Medicare Advantage plans aimed at improving competition between plans and strengthening access to supplementary care services.

Under the proposed rule, large insurance plans would be constrained in the amount of compensation that they could provide to brokers or agents of Medicare Advantage, limiting bonus arrangements outside of existing regulations. CMS intends to close loopholes that result in what the administration calls"anti-consumer steering incentives."

"Keeping healthcare costs low and competitive means preventing anti-competitive actors from deceiving seniors and people with disabilities and from playing fast and loose with marketing rules," Department of Health and Human Services Secretary Xavier Becerra said in a press briefing. CMS is also proposing regulations to increase access to behavioral healthcare and additional treatment providers under Medicare Advantage plans. The addition includes marriage and family therapists, mental health counselors, addiction medicine clinicians, opioid treatment advisers, and others into CMS's Medicare Advantage network adequacy requirements.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in HEALTH

Health Health Latest News, Health Health Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Jayapal Laments Biden's Cave to Insurance Industry on Medicare Advantage'The administration must refuse to be bullied by health insurers, and instead must side with patients when deciding future policies,' said Rep. Pramila Jayapal.
Source: commondreams - 🏆 530. / 51 Read more »