February 2025 CMS Actuarial User Group Call for Medicare Bidding
Relevant to: PDP
Each week, we scan the latest CMS memos to find the most important ones that apply for PACE programs. Below is a summary of what you need to know.
Disclaimer: The content provided on this site is a summary for informational purposes only, and Grane PBM, Inc. assumes no liability for any errors or omissions in the site’s content. The information does not constitute legal or regulatory advice or replace the original CMS memo. Readers are advised to consult the CMS memo in its entirety and to verify information independently before making any decisions based on this information.
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Introduction
The CMS Office of the Actuary is set to host an important actuarial user group call on February 20, 2025. This session will focus on Contract Year 2026 bidding and provide industry actuaries a platform to pose questions regarding their upcoming bids. Participants can join the call online for interactive participation or by phone in a listen-only mode.
Key Dates and Deadlines
Key Dates for the February Actuarial User Group Call:
- Memo Date: February 7, 2025
- Call Date: February 20, 2025
- Time: 11:00 AM – 12:00 PM ET
PACE Compliance
This memo is relevant to PACE programs because it addresses the procedures and requirements for submitting bids for the Contract Year (CY) 2026. Plans, including those under PACE, must be prepared to discuss their bid submissions and ensure they adhere to any relevant guidelines outlined by CMS during the actuarial user group call.
PACE organizations are required to stay informed about the bidding process as discussed during the call, particularly due to the implications it could have on their compliance status.
To ensure compliance:
- Participate in the February Actuarial User Group Call scheduled for Thursday, February 20, 2025, from 11:00 AM to 12:00 PM ET.
- Access the call online if there are any questions, using the provided link, meeting ID, and passcode.
- Review the call agenda and Q&A file, which will be posted prior to the call.
- Make sure that any questions or issues specific to PACE bidding are raised during the call to receive guidance and clarification.
By following these steps, PACE plans can align their bids accordingly and avoid any non-compliance issues with the CMS requirements for CY 2026.
Required Actions
- Attend the February Actuarial User Group Call hosted by CMS Office of the Actuary on Thursday, February 20, 2025, from 11:00 AM to 12:00 PM ET.
- Visit the CMS website to review the call agenda and Q&A file prior to the call by checking the Medicare Advantage and Part D rate announcement page.
- To ask questions during the call, join online using the provided Zoom link with Meeting ID 161 483 6941 and Passcode 155119.
- If you prefer to listen only, dial the Toll-Free Participant Number: (833) 568-8864 using the same Meeting ID.
FAQs
- “What is the purpose of the Actuarial User Group Call?”
- “How can I access the actuarial call details and agenda?”
- “What topics will be discussed during the February Actuarial User Group Call?”
- “How can actuarial participants join the call online or by phone?”
- “Where can I find the Q&A files related to the CY 2026 bidding process?”
