Becker's Healthcare September 21, 2023
Medicare Advantage beneficiaries have 12 percent lower healthcare expenses than beneficiaries in fee-for-service Medicare, a whitepaper from researchers at Inovalon and Boston-based Harvard Medical School found.
The whitepaper, published Sept. 20, compared utilization rates and expenses for beneficiaries transitioning to Medicare from private insurance in Inovalon’s database. Inovalon, a cloud-based healthcare software company, has data for around 30 percent of privately insured commercial lives in the U.S., according to the whitepaper.
“Our research credibly and definitively measures the efficacy of MA relative to FFS and indicates that the MA program is making healthcare more efficient without sacrificing quality of care for patients,” Boris Vabson, PhD, health economist at Harvard Medical School and a lead researcher on the whitepaper,...