The clock is running out on one of the most consequential eras for Medicare Advantage since its inception nearly three decades ago.
President Joe Biden’s single term in office has featured some of the most high-velocity policymaking on Medicare Advantage — both in quantity and potency — since George W. Bush's presidency. The Biden administration has overseen dozens of changes to the financing and the rules governing the private sector alternative to fee-for-service Medicare.
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“Across all of the programs in Medicare, we’ve had a common vision around advancing health equity, expanding access to coverage in care, driving innovation for whole-person care, and promoting affordability and sustainability of the Medicare program,” Dr. Meena Seshamani, director of the Center for Medicare, said in an interview.
“You’ll see those themes across what we've been talking about with Medicare Advantage, within the tremendous changes that we have been making to traditional Medicare, which is the chassis of much of the healthcare system,” Seshamani said. The Medicare annual enrollment period began Tuesday and runs until Dec. 7.