Health Payer Intelligence May 22, 2023
Medicare Advantage offers beneficiaries supplemental benefits and out-of-pocket spending limits, two factors that may contribute to its growing popularity.
Medicare Advantage’s popularity continues to grow in 2023 as enrollment figures and plan options increase. The private program has received mixed reviews from healthcare stakeholders, with members generally reporting high plan satisfaction and government agencies calling for increased oversight due to overpayment and marketing discrepancies.
Understanding how Medicare Advantage came to be and how it differs from traditional Medicare could perhaps shed some light on where the program is headed. In the following article, HealthPayerIntelligence breaks down Medicare Advantage’s history, enrollment trends, and how stakeholders view the program.
WHERE IT BEGAN
Private plans have been a part of the Medicare program...