McKnight's May 16, 2023
After years of explosive growth, Medicare Advantage crossed a major tipping point in January: More than 50% of all Medicare beneficiaries are now covered by an MA plan.
That’s according to an analysis of federal data released this month by KFF, which found 30.2 million of the 59.8 million people with both Medicare Part A and Part B were enrolled in a private plan.
While consumers continue to flock to such plans for their zero-dollar premiums and appealing supplemental benefits, skilled nursing providers may feel like their long-running complaints about the plans’ affect on care quality are finally being heard.
That’s because the Centers for Medicare & Medicaid Services in late April finalized a Medicare payment rule that aims to...