Becker's Healthcare August 26, 2024
Around 1 in 5 Medicare Advantage beneficiaries switch to traditional Medicare when their plans shut down, a study published Aug. 20 in JAMA Network Open found.
The study examined data from 2016 to 2018. During these years, CMS was prohibited from terminating MA contracts for poor performance, so contract terminations were likely initiated by the insurer, the study’s authors wrote.
Among beneficiaries whose contracts were terminated, 20.1% switched to traditional Medicare. Among those who remained in MA, most selected plans with higher star ratings. The majority of enrollees, 66.5%, who switched to a new plan paid the same or lower premiums.
A higher proportion of dual-eligible...