HomeCare February 8, 2022
SCOTTSDALE, Arizona (February 8, 2022)—Medicare Advantage programs are likely to continue to grow at a rapid pace, replacing traditional Medicare coverage for America’s seniors in increasing numbers, former Centers for Medicare & Medicaid Services (CMS) Administrator Seema Verma said Tuesday.
“I think Medicare Advantage is going to continue to grow gangbusters,” Verma told attendees at the Home Care 100 conference, which gathers CEOs and other leaders in home health, hospice and personal care. “It will be at 50% in short order.”
That’s not necessarily good news for home health providers. The looming domination of Medicare Advantage (MA) and other managed plans—and the difficulty of negotiating with them—was a recurring theme at the conference. About 42% of Medicare beneficiaries...