MedCity News July 11, 2023
The average income of a traditional Medicare enrollee is $85,085, versus $76,720 for a Medicare Advantage enrollee, according to a whitepaper done in partnership between Harvard Medical School and software solutions company Inovalon.
New research shows significant differences between those who choose Medicare Advantage plans and those who choose traditional Medicare fee-for-service plans, including different socioeconomic backgrounds.
The average income of a traditional Medicare enrollee is $85,085, versus $76,720 for a Medicare Advantage enrollee, according to a whitepaper done in partnership between Harvard Medical School and software solutions company Inovalon.
The analysis included a study sample of 180,087 individuals enrolled in traditional Medicare and 25,470 individuals enrolled in Medicare Advantage. It relied on three data sources: Inovalon’s dataset that covers...
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