Evaluation Of Phase II Of The Medicare Advantage Value-Based Insurance Design Model Test First Three Years Of Implementation (2020-2022)

On September 7, 2023, the U.S. Centers for Medicare & Medicaid Services (CMS) published this phase II evaluation of the Medicare Advantage value-based insurance design model test for the first three years of implementation (2020 through 2022). The evaluation found that the model has imposed “substantial and unmitigable” costs to the Medicare Trust Funds, and the costs cannot be addressed by policy changes . . .