Skilled Nursing News November 18, 2024
As the Medicare Advantage (MA) program has continued to grow over the last decade, so too have Institutional-Special Needs Plans (I-SNPs) for care rendered in nursing homes or other long-term care settings. However, there may be slight shrinkage in store for these plans in 2025.
According to a KFF analysis of CMS Landscape files, I-SNPs have seen substantial growth in the last few years, reflecting an overall rising demand for care tailored to the nursing home residents.
That said, in 2025, the I-SNP market will see a slight contraction, with 160 plans being offered nationwide, down from 173 plans in 2024. This is a small decrease from a peak of 189 plans in 2023 – a figure that had almost...
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