Keckley Report July 20, 2020
Medicare Advantage (MA) has been an option for seniors since 2003. By all accounts, it’s doing well:
According to the Medicare Alliance, an advocacy group supportive of MA “With a record-setting 99 percent satisfaction rate, an average $1,598 cost savings as compared to Traditional Medicare, demonstrably better health outcomes, and support from a bipartisan supermajority of 403 members of the U.S. House of Representatives and Senate, we at Better Medicare Alliance can say with certainty that the state of Medicare Advantage is strong.”
That’s the bet traditional health insurers like United, Humana and Aetna, upstarts like Bright Health, Clover and Devoted and primary care start-ups like Oak Street and ChenMed are making. The numbers favor their bet: the senior market...
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