HealthLeaders Media January 8, 2024
Medicare Advantage has gained substantial popularity over recent years, but its growth may prove to not be the best trajectory for consumers.
KEY TAKEAWAYS
– Medicare Advantage has become very popular amongst consumers and is now putting strain on the system.
– Medicare Advantage is costing the federal government about 6% more per enrollee and will cost $27 billion more than traditional Medicare in 2023.
– The quality of Medicare Advantage plans may not be wholly satisfactory for all enrollee groups.
Medicare Advantage (MA) already holds about 30 million beneficiaries, and that number is only expected to grow. A new report by the New England Journal of Medicine is raising some concerning questions about the quality of care, cost...
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