The Congress should replace the current Medicare Advantage (MA) benchmark policy that applies:
- a relatively equal blend of per capita local area fee-for-service (FFS) spending with price-standardized per capita national FFS spending;
- a rebate of at least 75 percent;
- a discount rate of at least 2 percent; and
- the Commission’s prior MA benchmark recommendations – using geographic markets as payment areas, using the FFS population with both Part A and Part B in benchmarks, and eliminating the current pre-Affordable Care Act cap on benchmarks.