Healthcare Economist June 9, 2021
Medicare Advantage has grown over time. In 2020, nearly four in ten (39%) of all Medicare beneficiaries – 24.1 million people out of 62.0 million Medicare beneficiaries overall – were enrolled in Medicare Advantage (MA) plans.
With MA enrollment growing, a key question is who provides higher quality care: Medicare fee-for-service (FFS) or MA? Who is able to better keep cost under control?
To answer this question, a recent paper by Agarwal et al. 2021 conducts a systematic literature review of all studies that use data from 2003 or after. The year 2003 was chosen as that was the year the Medicare Modernization Act was passed. The study excluded Medicare Advantage plans that were limited to Special Needs Plans (SNPs)...
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