CMS Proposes Small Rise in Medicare Advantage Payments for 2027

The proposed rate hike will result in more than $700 million in Medicare Advantage payments over the year, according to the agency.

A certified medical assistant applies a dressing after administering a vaccine at Harbor-UCLA Medical Center in Torrance, Calif., on Jan. 21, 2021. Mario Tama/Getty Images

The Centers for Medicare & Medicaid Services (CMS) on Jan. 26 proposed a 0.09 percent increase in average year-over-year payments to private Medicare Advantage (MA) plans in 2027.

The proposed rate hike will result in more than $700 million in MA payments over the year, the agency said in a statement, which is significantly lower than this year’s 5.06 percent increase.