Fierce Health Payers October 22, 2021
A new analysis estimates Medicare Advantage provides beneficiaries $32.5 billion a year in additional benefits and lower out-of-pocket costs, as scrutiny continues over more federal funding devoted to the plans.
The analysis, commissioned by the advocacy group Better Medicare Alliance and conducted by consulting firm Milliman, looked at the value delivered to Medicare by MA plans via additional benefits and reduced premiums for Part B and D coverage.
“At a time when lawmakers are weighing important policy considerations for seniors’ healthcare, Milliman’s findings demonstrate that Medicare Advantage delivers additional benefits and reduce cost-sharing,” said Mary Beth Donahue, Better Medicare Alliance’s president and CEO, in a statement Thursday.
Milliman looked at total payments made by Medicare to those in traditional Medicare...
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