MedPage Today October 11, 2024
— Services cost Medicare an extra $83B in 2024; are debit cards and groceries really healthcare?
A report detailing flaws with the “extra benefits” Medicare Advantage (MA) plans offer generated passionate debate Thursday during a meeting of the Medicare Payment Advisory Commission (MedPAC), with many commissioners questioning the value of spending $83 billion — $2,500 per MA enrollee — of taxpayer money for them each year.
“Beneficiaries are attracted to these extra benefits, and may join Medicare Advantage because of them, and yet the evidence kind of shows that use of these extra benefits is low,” said commission member Tamara Konetzka, PhD, a professor of public health sciences at the University of Chicago. “There’s vision here, or there’s dental, and...