Health Payer Intelligence September 29, 2020
Medicare Advantage benefits will likely include more social determinants of health support for enrollees with chronic diseases and increased telehealth benefits.
As Medicare Advantage plans prepare to expand their benefits in 2021, CMS expects premiums to drop 34.2 percent from 2017 levels in the new year.
“The Medicare Advantage average monthly premium will be the lowest in 14 years (since 2007) for the over 26 million Medicare beneficiaries projected to enroll in a Medicare Advantage plan for 2021,” CMS said in a press release.
The high enrollment projections would represent a 44 percent enrollment increase since 2017. This enrollment increase includes a newly eligible population of end stage renal disease patients, which some experts anticipate will boost costs for health...