Second NOIA Deadline Approaching
Applicants looking to enter Medicare Advantage, Part D, or the Medicare-Medicaid Plan space have two deadlines to submit a Notice of Intent to Apply, commonly referred to as a “NOIA,” for contract year 2019: November 13, 2017, and January 26, 2018. The first submission allows the Centers for Medicare & Medicaid Services (CMS) team to gauge what resources might be needed during this critical time of year. The second date is provided to allow potential suitors to review the final 2019 application requirements, which should be released here, here, and here around January 9, and then make a decision.
CMS initiated the NOIA process in 2007 for the 2009 application season and have always noted the NOIA submissions should be completed by the due dates, stating those that miss the date might experience delays in being assigned a contract number. Six years ago, CMS implemented a second NOIA submission date into their application activity timeline, noting they would continue to process NOIAs through the second date.
Remember, the NOIA is non-binding. Based on Gorman Health Group experience, CMS would prefer you make any decisions not to pursue the application as early as possible. The deeper you get into the process, the more taxing it is on the agency, on actuaries, and on your resources.
NOIA Links
- New/Initial Medicare Advantage or Part D Plans, click here
- Medicare Advantage or Part D Service Area Expansions, including adding a Special Needs Plan, click here
- New/Initial Medicare-Medicaid Plans, click here
- Medicare-Medicaid Plan Service Area Expansions, click here
Resources:
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