Healthcare DIVE October 2, 2019
With Medicare Advantage open enrollment about two weeks away, major payers have announced plan details for 2020, including geographic expansions and new benefits addressing population health factors.
MA has been a wildly successful program for commercial insurers, and payers are correspondingly upping their investment. A third of all Medicare-eligible seniors are expected to be in an MA plan next year.
CMS gave MA plans a boost with a 2019 payment rule allowing more flexible benefits for social determinants of health and virtual services. Some of those plans rolled out last year, with about 40% offering one of the new types of supplemental benefits, but payers said they didn’t have enough time to produce extensive offerings.
Now for 2020, insurers are...
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