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- William on Will Trump and Price Pull Out the Scalpels for Star Ratings?
- Bobby on January Release of the Draft MMG – Perfect Timing
- Pam Lassila on Best Practices and Common Conditions of Audit Preparation
- Capitol Hill Healthcare Update | Gorman Health Group Blog on What Trump Could Actually Do to ObamaCare, Day One, Without Congress
- Are You Ready for the Medicare Advantage Advance Notice & Draft Call Letter? | Gorman Health Group Blog on 21st Century Cures Bill Slips in Some Changes to Medicare and Medicaid Programs
Hmm, you’re asking what will the Trump de-regulators do to Medicare Advantage? Given the confusion about ObamaCare non-replacement for three years and the selection of a Medicaid maven for Administrator, we haven’t heard much about Medicare Advantage and Part D. However, Trump said he wants a list of wasteful and unnecessary regulation. Even with that, we may not see a lot of actual regulatory change during 2017 in either of these programs. Changing regulations in a major way takes too much time to propose, review, and finalize anything of substance in a short period. However, there are other actions the new Administrator can take. First and foremost, de-regulators are interested in slowing the process or moderating its effects, so here are some potential actions.
Despite the Trump administration having yet to take office, Congress kept its promise to get the Affordable Care Act (ACA) repeal ball rolling on day one. On January 3, 2017, the first day back for Congress, the chair of the Senate’s Budget Committee introduced a budget resolution that directs several committees in both the House and Senate to begin work on the ACA repeal. Specifically, the resolution calls for the committees to submit recommendations to reduce the deficit by $1 billion in the next decade. So what happens next?
Last week market monster Centene held its annual year-end investor day where it laid out its earnings estimates for 2017 and the assumptions behind them. Centene is the ultimate “canary in the coalmine” for President-Elect Donald Trump’s health agenda to repeal and replace ObamaCare, with its significant exposure to Medicaid and exchange/subsidized markets, and its rapidly-growing Medicare Advantage portfolio.
Most attention in health policy since the election has been on the looming repeal of the Affordable Care Act’s Exchanges and subsidies, but the far bigger story is what the incoming Trump Administration and the Republican Congressional majority are about to do to Medicaid, the Children’s Health Insurance Program (CHIP), and the Medicaid “mega-reg.” Literally 50 years of the social safety net could be shredded in the first weeks of 2017.
This week, Representative Tom Price was named the nominee for the new Department of Health & Human Services (HHS) Secretary. This widely expected pick provides us some foresight into what type of agenda to predict from the Trump Administration. Tom Price is one of the strongest opponents of Obamacare, from the very passage of the Affordable Care Act (ACA). Putting such a firm critic of the law as the head of HHS immediately sends the message we will see “below the waterline changes” and chips away at Obamacare before any repeal is even voted on. Price will soon have control of the constant flurry of subregulations and guidance put out by the Centers for Medicare & Medicaid Services (CMS) on a daily basis. Need an example? CMS released its early preview of CY2018 Medicare Advantage rate book growth rates this week. While the 2018 preliminary baseline rate increase is 2.31%, the actual rate will be finalized in April 2017 by the new Administration.