The new rule extends telehealth benefits previously offered by Medicare Advantage plans, making them cheaper and more accessible:
in October 2018 that loosens regulations on telehealth services offered in Medicare Advantage plans.by private insurers to consumers 65 and up as an alternative to the government's traditional Medicare program. Membership in the private Medicare market grew around 6% year-over-year in 2018 and is projected to tick up 12% YoY to reach an all-time high ofThe new rule extends telehealth benefits previously offered by MA plans, making them cheaper and more accessible.
The policy lifts geographic restrictions that were likely limiting telehealth adoption. Previously, regulation only allowed MA plans to receive reimbursement for offering telehealth services with a caveat: Beneficiaries were required to travel to designated healthcare facilities in order to access them. Now, MA members can access telehealth services regardless of their location.
And it broadens telehealth reimbursement for payers. Before, insurers could only offer telehealth as a supplemental benefit paid for with rebates or beneficiary premiums,The bigger picture:Payers will likely beef up their private Medicare plans with telehealth offerings.
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