Wakely Wire
April 9, 2026
New Insights
Whitepapers, briefs, press releases and more
The LEAD Model: A New Chapter in Medicare Accountable Care
This Wakely white paper presents the LEAD (Long-term Enhanced ACO Design) Model as CMS’s next-generation approach to accountable care, distinguished from ACO REACH and MSSP by several key structural and financial changes. Running from 2027–2036, LEAD introduces major design elements including eliminating rebasing (locking in base years), expanding capitation and specialist risk-sharing (via NPCC and ... Continue reading
The Value Shift: VBID After the Sunset
How the End of VBID Reshapes Part D and Supplemental Benefits This paper is part three of Wakely’s The Value Shift series, which examines how evolving policy and market forces are reshaping value in Medicare Advantage. The sunset of the Medicare Advantage VBID Model at the end of 2025 eliminated key flexibilities that plans used ... Continue reading
Understanding Selection Risk Under BALANCE: Evidence from Recent MA Data
The BALANCE program was announced by the Center for Medicare and Medicaid Innovation (CMMI) in Late 2025 and is intended to expand access to GLP-1 therapies and related interventions for members with obesity and associated comorbidities. CMS later released a Request for Applications in March 2026 to Part D Plan Sponsors which provided several key ... Continue reading
Week in Washington 4/9/26
CMS Releases MA Rate Notice CMS released the final 2027 Medicare Advantage Rate Notice. The rule included an overall expected average change of 2.48%. This was revised from the proposed rule’s average change of 0.09%. CMS estimates the change equals about $13 billion in additional payments to Medicare Advantage organizations. CMS Releases ACA Data CMS ... Continue reading
Newsworthy Findings
CMS Finalizes Higher Medicare Advantage Rates for 2027 in Gift to Insurers
Regulators locked in a 2.48% average rate hike for next year, much higher than the 0.09% that was originally proposed.
Insurers Committed to Cutting Prior Authorizations Have Eliminated 11% So Far
Last summer, major payers committed to pare back onerous prior authorization policies, to the skepticism of the provider industry. Now, AHIP and the BCBSA are providing an update.
Jefferson Health Sues Aetna Over Medicare Advantage ‘Downcoding’ Policy
The health system claims the policy, which reduces reimbursement for some inpatient hospital stays, violates federal law and its reimbursement contract with Aetna.
ICHRAs, A Growth Opportunity for Insurers, Face Uphill Battle
Employers are turning to Individual Coverage Health Reimbursement Arrangements to cut costs, but rising premiums and instability on the individual market pose challenges.
Tracking the 2026 U.S. Measles Outbreaks
Measles infections in the U.S. this year are on pace to easily eclipse 2025, when the country reported the most annual cases in over three decades.
Bonus Article
Humanity’s Long-Awaited Return to Lunar Space Captured with Brilliant Photographs Aboard Artemis II Artemis II lifted off from Kennedy Space Center in Florida on April 1st, 2026, reached the Moon on the 5th, and transited the Moon’s far side on the 6th.
Just for Fun
Math Joke:
Why did the angle get promoted?
Prior Week
Q: What does the Excel analyst put in his hair?
A: Some product
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