On October 3, President Trump issued the "Executive Order on Protecting and Improving Medicare for Our Nation's Seniors" (the "Order"). While the Order initially focuses on the President's opposition to the "Medicare for All" proposals, it sets a one year deadline for the Department of Health and Human Services ("HHS") to implement a series of steps to provide Medicare beneficiaries with more diverse and affordable plans. The Order encourages fee-for-service Medicare to adopt market-based approaches seen in Medicare Advantage Plans and directs HHS to encourage Medicare Advantage plans to offer innovative plan designs and benefits, including telehealth services and supplemental benefits. While the Order purports to protect and improve Medicare, the lack of specifics in the Order leaves much to interpretation. So, we will have to wait and see what HHS develops.
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