Describe how payments for Medicare Advantage Plans are determined. Why are the county benchmarks for determining plan
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Question:
- Describe how payments for Medicare Advantage Plans are determined.
- Why are the county benchmarks for determining plan payments adjusted according to star ratings and FFS expenditures in the previous year?
- What is the logic for making the bidding process non-competitive? What might be the consequence of a competitive bidding process?
Expert Answer:
Answer Payments for Medicare Advantage Plans are determined through a complex formula that considers ... View the full answer
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