MedCity News March 30, 2021
Medicare Advantage beneficiaries spend $1,640 less per year on healthcare than those enrolled in traditional fee-for-service Medicare plans, a new report shows. But, despite the difference in savings, satisfaction levels for both types of plans are similar.
Seniors enrolled in Medicare Advantage plans see a substantial cost-saving in their annual health expenses as compared with those in traditional fee-for-service Medicare plans, according to a new analysis.
The analysis, conducted by ATI Advisory for Better Medicare Alliance, is based on Medicare Current Beneficiary Survey data for 2018, the most recent year for which that data is available. [Click to enlarge]
Medicare Advantage beneficiaries report spending $1,640 less on out-of-pocket costs and premiums compared to their traditional Medicare counterparts, the analysis shows....
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