Two women over age 65 talk at a senior center. Evelyn Hockstein/The Washington Post via Getty Images

The federal government has proposed raising average payments to Medicare Advantage and Part D drug plans by 1.59% for the 2020 plan year, a tick down from what was proposed for 2019.

The bottom line: The final rate, which will come out April 1, will almost certainly be higher; the initial proposal usually lowballs certain factors within Medicare's complex payment formula. Regardless, more people are flocking to Medicare Advantage and Part D, which together will cost an estimated $350 billion this year and $383 billion in 2020.

Details: The feds also proposed other policies affecting the two programs.

  • Medicare is encouraging, but not requiring, plans to offer lower cost-sharing for drugs that reverse opioid overdoses, like naloxone.
  • Changes to how MA plans code the diseases of their members are expected to increase payments on average, even though there has been widespread concern plans are inflating codes to get higher payments.

Be smart: This year and next year are expected to be immensely profitable for MA and Part D plans, as the Trump administration has created "a friendly environment" for companies that participate in the programs.

Go deeper

1 hour ago - Technology

TikTok to pull out of Hong Kong

Illustration: Aïda Amer/Axios

TikTok said Monday night that it would pull its social video platform out of the Google and Apple app stores in Hong Kong amid a restrictive new law that went into effect last week.

Why it matters: TikTok's move comes as many large tech companies say they are still evaluating how to respond to the Hong Kong law.

4 hours ago - World

Ethiopia's Nobel Peace laureate cracks down on ethnic violence

The image of a Nobel Peace laureate in military fatigues encapsulates the moment in which Ethiopia finds itself — on the verge of a transition to democracy, a descent into violence or, perhaps, a precarious combination of the two.

Driving the news: At least 166 people were killed after an iconic musician, Haacaaluu Hundeessaa, was murdered last Monday in Addis Ababa, the capital. Prime Minister Abiy Ahmed responded to the violence by sending in troops and shutting off the internet. High-profile opposition leaders were arrested, along with some 2,300 others.

Updated 6 hours ago - Health

Atlanta Mayor Keisha Lance Bottoms tests positive for coronavirus

Atlanta Mayor Keisha Lance Bottoms said on Monday that she has tested positive for the coronavirus after displaying no symptoms.

Why it matters: Bottoms, one of several Black women on the shortlist to be Joe Biden's running mate, has risen to national prominence in recent months as part of mass protests over racism and police brutality — driven in part by the killing of Rayshard Brooks by Atlanta police.