AJMC June 24, 2024
Beneficiaries who switched from traditional Medicare to a Medicare Advantage plan experienced no additional protection from medical costs compared with those who stayed in a traditional Medicare plan.
Medicare Advantage (MA) plans do not necessarily lead to cost savings for beneficiaries, especially those who are from vulnerable populations, according to a new study published in Annals of Internal Medicine.1
In recent years, the popularity of MA plans has grown significantly from just 15% of eligible beneficiaries being enrolled in an MA plan in 2011 to more than half (51%) in 2023.2,3 In addition, 95.3% of employer-sponsored insurance enrollees are covered by an insurer offering MA in their state in 2021, which was up from 83.5% in 2015.4
Beneficiaries are choosing...