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Health Care

Medicare Advantage Plan Benefit and Bid Package

About the Course

A Medicare Advantage Organization (MAO) must describe the benefits included in each Medicare Advantage plan it offers. To do this, an MAO creates a plan benefit package (PBP) for each Medicare Advantage plan and submits a bid to CMS for review and approval. This eLearning course covers the CMS definition of a benefit, how benefits should be designed to create a plan benefit package, and how to use the Medicare Advantage Bid Pricing Tool (BPT) for creating and submitting a PBP bid.