On March 15, the Medicare Payment Advisory Commission (MedPAC) released its March 2024 Report to the Congress: Medicare Payment Policy. For 2025, MedPAC recommended updating Medicare’s base payment rate for physicians by the amount specified in current law plus 50% of the projected increase in the Medicare Economic Index. The commission also recommended that Congress significantly restructure the Medicare Advantage (MA) program, citing a lack of transparency and noting that the MA plans get paid more than providers who serve beneficiaries in traditional Medicare.
A news release with more details is available here.
