The federal government on Thursday proposed a 1.84% average rate increase for Medicare Advantage plans in 2019, along with other policy tweaks that officials said are designed to strengthen the MA and Medicare Part D programs.
The rate increase is a good deal higher than the 0.45% increase the agency approved for 2018. However, it could still change before the Centers for Medicare & Medicaid Services finalizes it in April.
After factoring in the underlying coding trend, which CMS expects to increase risk scores by an average of 3.1%, the actual net rate increase for plans would be 4.94%. Comparatively, that net increase was 2.95% for 2018.