Health Payer Intelligence January 21, 2020
Medicare Advantage tends to cost less in both premiums and out-of-pocket costs than fee-for-service Medicare, the report found.
Medicare Advantage has a significant cost reduction value over traditional, fee-for-service Medicare, a recent report from UnitedHealth Group (UHG) found.
“Medicare Advantage (MA) plans cover the same services as Medicare FFS and typically offer additional protections and services, not covered by Medicare FFS, that support beneficiaries in staying healthy, improving care outcomes, and avoiding unforeseen medical costs,” the report stated. “Compared to Medicare FFS, MA beneficiaries with chronic conditions receive more preventative care and experience fewer emergency department visits and lower rates of avoidable hospitalizations.”
While fee-for-service Medicare covers 83 percent of costs in Part A hospital services and Part B provider...
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