Coming Soon – CY24 Model Materials

In May, CMS expects to release the Contract Year (CY) 2024 model materials. These will be posted on the CMS site, CMS Marketing Models, and will include:

  • Annual Notice of Change (ANOC)
  • Evidence of Coverage (EOC)
  • ANOC and EOC standardized model instructions
  • Provider Directory

Also expected to be released in May are the CY24 Part D materials. These documents are posted on the CMS site, CMS Part D Materials, and will include:

  • Part D Explanation of Benefits
  • Formularies
  • Pharmacy Directory
  • Transition Letter
  • LIS Rider and Premium Summary

Contract Year (CY) 2024 model materials review–ANOC & EOC

CODY® will review the Contract Year (CY) 2024 model materials closely and provide a summary of the changes to the ANOC and EOC. All plans should also review the models closely once posted for any changes or updates. In addition to the documents listed above, historically, the following have also been published with the models:

  • Instructions for Hospice Benefit Component of the Value-based Insurance Design (VBID) and necessary changes for the EOC and ANOC for plan participating in this benefit
  • Excluded Provider Letter
  • Notice of Formulary Change
  • Prescription Transfer
  • Transition Letter
  • Member Request for Refusal

Keep in mind that CMS has released corrections and updates to the models as late as July in past years.

We’re Here To Help—To find out how CODY® can help your plan ensure readiness and maintain compliance, contact us today for a consultation.

About us: Founded in 2006, CODY® is an Industry leader in Governance, Risk, and Compliance (GRC) Solutions designed exclusively for health plans. We enable over 70 government-funded, commercial, and ACA health plans across 50 states and Puerto Rico to mitigate compliance risk, maximize efficiencies, and improve outcomes. Our Enterprise technology and innovative solutions reduce administrative costs, increase accuracy, ensure regulatory compliance, and provide a better experience for plan members and providers.