More healthcare-related regulatory news for plan sponsors, including links to detailed information.
Executive Order protecting and improving Medicare issued
President Donald Trump signed an Executive Order stating it would improve private Medicare plans for seniors. The Executive Order is expected to bolster Medicare Advantage, offer more affordable plan options, encourage wider use of telehealth services, promote wellness benefits, and bring payments in Medicare fee-for-service programs in line with payments for Medicare Advantage.
To learn more, click here.
Opportunity for states to participate in a wellness program demonstration project
The Centers for Medicare and Medicaid Services (CMS), in consultation with the U.S. Departments of Labor (DOL) and the Treasury, announced an opportunity for states to apply to participate in a wellness program demonstration project. Participating states may implement nondiscriminatory health-contingent wellness programs in the individual market, as described in section 2705(l) of the Public Health Service Act (PHS Act).
For more information, click here.