Fierce Healthcare November 5, 2019
The number of Medicare Advantage plans offering an expanded supplemental benefit in 2020 increased to 364 from 102 for 2019, as plans become more comfortable with the added flexibility, a new study found.
The study released Monday from the consulting firm Milliman and commissioned by the Better Medicare Alliance found that insurers are becoming more comfortable offering supplemental benefits such as adult day care or offering massages ahead of the 2020 plan year.
For the 2019 plan year, the Centers for Medicare & Medicaid Services gave insurers more flexibility to offer supplemental benefits to MA plans. The agency continued to offer benefit flexibility for the 2020 plan year, which is in the middle of open enrollment.
“It is important for...
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