Healthcare DIVE January 16, 2024
MedPAC released the data Friday during a contentious meeting where members argued over the efficacy of MA.
Dive Brief:
- The federal government could pay Medicare Advantage plans $88 billion more this year than it would be spending if those seniors were in traditional Medicare, according to new data from congressional advisory group MedPAC.
- That’s because MA insurers attract healthier and therefore lower-cost individuals into their plans, and aggressively code the medical needs of their beneficiaries to recoup higher reimbursement from the government, MedPAC said.
- MedPAC released the data Friday during a contentious meeting where members argued over the efficacy of MA, a program that’s growing in popularity among U.S. seniors but has snowballing spending.
Dive Insight:
Policy wonks...