Health Payer Intelligence December 23, 2020
As for-profit Medicare Advantage health plans pull ahead in enrollment growth, non-profit Medicare Advantage health plans can improve their competitiveness.
As for-profit Medicare Advantage health plans rapidly expand across the nation and pick up a large share of the population’s enrollment, non-profit Medicare Advantage plans will have to adjust their strategies, a study from The Chartis Group emphasized.
The study relied upon Medicare Advantage data from CMS spanning January 2017 to January 2020 as well as fee-for-service Medicare data from 2014 to 2018.
“We believe it is imperative that non-profit health plans, both Blue and non-Blue, re-evaluate their growth strategy in Medicare Advantage to compete more effectively with the national for-profit plans and stop losing share,” the researchers stated.
“Non-profit...
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