McKnight's January 21, 2022
The rise in Medicare Advantage plans offering nonmedical supplemental benefits this year is good news to the long-term care industry because it allows more seniors to access additional services, according to an expert with ATI Advisory.
New findings from the Washington D.C.-based advisory firm show 1,300 Medicare Advantage plans are providing nonmedical supplemental benefits this year — a 40% increase from the 920 plans that offered such benefits in 2021.
“These non-medical services represent a way for Medicare enrollees, including those in long-term care, to access additional, critical services that we know impact health,” Tyler Overstreet Cromer, analysis author and ATI Advisory principal, told McKnight’s Long-Term Care News Thursday. “Moreover, key SSBCI benefits could provide valuable supports to...