CMS seeks input on Medicare Advantage transparency policy

CMS seeks input on Medicare Advantage transparency policy
Modern Healthcare, by Alison Bennett; 1/25/24
The Centers for Medicare and Medicaid Services wants public input to guide possible future regulations to mandate greater transparency from Medicare Advantage plans, according to a request for information issued Thursday. The agency has sought to shed more light on Medicare Advantage operations and finances in recent years and required insurers to reveal information in areas such as medical loss ratio calculations, prior authorization processes, supplemental benefits and health equity.