Ready for 2027? CMS Issues Contract Year 2027 Final Rule and Announcement of Rates and Payment Policies for Medicare Advantage and Medicare Part D

In anticipation of the CY2027 bid deadline, CMS released both the CY2027 final rule for Medicare Advantage (“MA”) and Medicare Part D (the “Final Rule”) as well as the CY2027 MA Capitation Rates and Part C and Part D Payment Policies (the “Rate Announcement”).As discussed below, the Final Rule finalizes without modification much of the CY2027 proposed rule, which was summarized in a prior blog post. And in a surprise move by CMS, the Final Rule finalized certain provisions of the CY2026 proposed... By: Sheppard, Mullin, Richter & Hampton LLP