CMS Releases Final Annual Notice of Benefit and Payment Parameters for Plan Year 2022

On January 14, 2021, the Centers for Medicare & Medicaid Services (CMS) issued a final annual Notice of Benefit and Payment Parameters for plan year (PY) 2022 (final 2022 Payment Notice). CMS anticipates continuing to review comments in response to the proposed rule and finalizing other proposed policies in a subsequent final rule to be published at a later date. Working to address comments and feedback from the public after publishing the proposed 2022 payment notice in November 2020, CMS is using this this final rule to address a number of critical priorities. The rule finalizes changes to reduce consumer costs, empower states to develop their own unique plans, accelerate innovation, and clarify program requirements.

The final rule is currently posted for public inspection on the Federal Register at the following link:  For more information, please review the fact sheet or press release posted on the CMS website.