Home Health Care News April 23, 2022
Compared to fee-for-service Medicare, seniors save close to $2,000 on average in total annual health care spending with Medicare Advantage (MA).
That’s according to a new study — based on 2019 Medicare Current Beneficiary Survey data — from Better Medicare Alliance, which features an analysis conducted by the Washington, D.C.-based research and consulting firm ATI Advisory.
Specifically, MA beneficiaries report $1,965 less in total annual out-of-pocket costs and premiums than fee-for-service Medicare beneficiaries.
One way MA offers cost protections to beneficiaries is through cost-share and premium buy-downs, Allison Rizer, principal and business lead of Medicare-Medicaid integration and LTSS at ATI Advisory, told Home Health Care News.
“Medicare Advantage plans have broad latitude to use their rebate dollars on a variety...
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