CMS Released the Part C and Part D Advance Notice; Comments are Due March 4, 2022

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On February 2, 2022, CMS released the Advance Notice of Methodological Changes for calendar year 2023 for Medicare Advantage capitation rates and Part C and Part D payment policies (the Advance Notice). CMS calculates the expected average change in revenue will be 7.98% as compared to CY 2022. CMS will accept comments on the CY 2023 Advance Notice through Friday, March 4, 2022. CMS will publish the final Rate Announcement by April 4, 2022. The Advance Notice is here. CMS has issued a Fact Sheet regarding the Advance Notice, which you can find here.

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