Health Payer Intelligence July 20, 2018
What are the differences between Medicare Advantage plans and Medicare supplemental insurance?
Medicare Advantage (MA) and Medicare supplemental insurance, or Medigap, are both intended to enhance the value of traditional Medicare coverage for seniors and other eligible beneficiaries.
Both offer payers a lucrative opportunity to meet a growing demand for high-quality benefits at a low cost.
The US Census Bureau predicts that almost 78 million people will be 65 and older by 2035. By 2060, the number of seniors 65 and older is expected to reach 90 million.
Understanding how Medicare Advantage and Medicare supplemental insurance operate can help payers determine how to structure, market, and support these plans.
What are the differences between Medicare Advantage and Medigap insurance and...