News Briefs: Quality Bonus Payments Issued to MA Plans Since 2015 Exceed $49B
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Sep 01, 2022
The federal government this year will distribute at least $10 billion in quality bonus payments to Medicare Advantage plans for a total of more than $49 billion in payments since the star ratings bonus program was implemented in 2015. The level of bonuses has increased as MA enrollment has grown each year, with roughly two-thirds of bonuses going to individual plans, although the bonuses per enrollee are highest for employer plans, according to a new report from the Kaiser Family Foundation (KFF). More than three-quarters of MA enrollees are in plans that will receive bonus payments in 2022, down slightly from an all-time high of 80% in 2021, observed KFF. MA market leader UnitedHealthcare will receive the largest sum of payments — $2.8 billion — in 2022, added KFF. Meanwhile, a separate KFF analysis found that the share of eligible Medicare beneficiaries enrolled in MA has risen from 19% in 2007 to 48% this year. Read more
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