This bill would expand the comment period on the annual evaluation of payment rates under Medicare Advantage.
Expanding the comment period would begin before the 2017 payment rates for Medicare Advantage are evaluated and determined. Before April 1 of the preceding year (so for 2017 — that’s April, 2016), the Secretary of Health and Human Services would be required to announce the annual Medicare Advantage rates by region, the factors used in determining those rates, and region-specific benchmarks.
Before announcing those rates, the preceding comment period would be expanded to 60 days before the announcement. Under current law the public only has 45 days.