fintech / news / / Benzinga
Medicare Advantage and Part D plans will receive a 2.48% average rate increase for 2027.
CMS finalized a 2.48% average rate increase for Medicare Advantage and Part D plans for 2027.
KEY POINTS
- Insurers will receive an additional 2.5% boost from risk-adjustment changes, totaling nearly 5% in increases.
- CMS delayed certain risk-model changes after insurers warned of market destabilization and provider exits.
- The final rule is expected to deliver over $13 billion in added funding to Medicare Advantage plans.
- Elevance stock surged over 3% after the announcement, reflecting improved short-term demand.
COMPANIES
Summarized by Newsio from Benzinga. How we summarize →