HealthIT Answers February 24, 2023
By David Burda, News Editor & Columnist, 4sight Health
Twitter: @davidrburda
Twitter: @4sighthealth_
I’m starting to run out of clever headlines to tell the same story. Spending on Medicare Advantage plans rose by double digits again in 2021, according to the latest National Health Expenditure data released by CMS in December, and no one seems that interested or willing to do anything about it.
Federal outlays for MA plans rose 14.1 percent in 2021 to about $416.9 billion. That follows:
- A 15.6 percent increase in 2020 (revised downward by CMS from 17.1 percent)
- A 15.2 percent increase in 2019 (revised downward by CMS from 15.3 percent)
- A 12.6 percent increase in 2018
- A 10.1 percent increase in 2017
By comparison,...
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