Value-Based Insurance Design (VBID) Model – Implementation of the Hospice Benefit Component
This article informs you of the implementation of the hospice benefit component associated with the VBID Model, being tested by the Centers for Medicare & Medicaid Services (CMS) Innovation Center and starting in Calendar Year (CY) 2021. The hospice benefit component of the Model will be tested through CY 2024. Thus, the Model test will apply when the Hospice Election Start Date is on or after January 1, 2021 and prior to January 1, 2025.
Issued by: Centers for Medicare & Medicaid Services (CMS)
Issue Date: May 08, 2020
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