Chief Healthcare Executive January 18, 2023
Nearly half of all Medicare beneficiaries are enrolled in Medicare Advantage programs. Insurers hailed the milestone, but lawmakers have pressed for reforms, citing delays in approval for treatments.
Medicare Advantage programs have been surging in popularity in recent years, and new federal data reveals a significant enrollment milestone.
More than 30 million Americans are now enrolled in Medicare Advantage programs, according to new data released Tuesday by the Centers for Medicare & Medicaid Services. A year ago, 28 million people were participating in some type of Medicare Advantage plans, according to the Kaiser Family Foundation.
Payers say the plans protect consumers from substantial out-of-pocket costs they would incur under Medicare.
Matt Eyles, president and CEO of America’s Health Insurance Plans,...