Bloomberg Law January 26, 2023
Commercial health plans offered by employers will have to do more to hold on to high-quality medical providers who are being attracted to high-paying Medicare Advantage plans, the head of JPMorgan Chase’s health-care business said.
In some areas where Morgan Health operates, it’s encountering provider groups that are more interested in contracting with Medicare Advantage than with commercial plans because the providers are paid better for providing high-quality services in Medicare Advantage, Morgan Health CEO Dan Mendelson said in an interview.
Employer-sponsored commercial plans, which cover about 157 million people in the US, typically pay higher rates...