Health Care Blog August 27, 2024
MedPac has just released a report on Medicare Advantage that’s incorrect on multiple key points that need to be corrected.
Medicare Advantage currently enrolls the majority of Medicare members in the country, and it’s now the new basic plan for the Medicare program because of that majority enrollment level.
That’s very good news for Medicare because the average cost for those members is significantly less than those members would’ve cost under fee-for-service Medicare — and we can be comfortable and know that the lower cost is permanent because of the way we pay for the program.
The plans are paid a capitation for each member, and they’re not paid a fee for each piece of care that’s delivered to Medicare...
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