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CMS threatens Elevance with Medicare Advantage sanctions
The federal government is planning to suspend enrollment in Elevance’s Medicare Advantage (MA) plans starting March 31 due to the company’s failure to comply with federal data submission requirements. Elevance repeatedly submitted data via flash drives instead of electronic systems, leading to auditing and data integrity risks, and did not correct this “substantial and persistent” noncompliance despite warnings. The sanctions, which could significantly impact Elevance’s finances and reputation, will remain until the insurer corrects its data submission practices.