Medicare Advantage Archives - MedCity News https://medcitynews.com/tag/medicare-advantage/ Healthcare technology news, life science current events Tue, 26 Sep 2023 22:24:00 +0000 en-US hourly 1 https://wordpress.org/?v=6.3.1 https://medcitynews.com/uploads/2021/03/cropped-mblue-32x32.png Medicare Advantage Archives - MedCity News https://medcitynews.com/tag/medicare-advantage/ 32 32 40682243 CMS: MA Premiums To Remain the Same for Most Beneficiaries in 2024 https://medcitynews.com/2023/09/cms-medicare-advantage-premiums-open-enrollment/ https://medcitynews.com/2023/09/cms-medicare-advantage-premiums-open-enrollment/#respond Tue, 26 Sep 2023 22:24:00 +0000 https://medcitynews.com/?p=649959

The average monthly plan premium for Medicare Advantage is expected to increase only slightly in 2024 from 2023, CMS said. About 73% of beneficiaries will see no increase at all.

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Study: MA Beneficiaries Have Lower Utilization Than Traditional Medicare https://medcitynews.com/2023/09/study-ma-beneficiaries-have-lower-utilization-than-traditional-medicare/ https://medcitynews.com/2023/09/study-ma-beneficiaries-have-lower-utilization-than-traditional-medicare/#respond Mon, 25 Sep 2023 22:55:33 +0000 https://medcitynews.com/?p=649806

A new study found that MA beneficiaries have more than 50% fewer inpatient stays and 22% fewer emergency department visits than traditional Medicare enrollees.

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Report: 7 Ways Medicare Advantage Is Being Marketed on TV https://medcitynews.com/2023/09/medicare-advantage-advertisements-tv/ https://medcitynews.com/2023/09/medicare-advantage-advertisements-tv/#respond Sun, 24 Sep 2023 13:18:22 +0000 https://medcitynews.com/?p=649593

There are concerns that Medicare Advantage TV ads are misleading patients. A new KFF analysis of Medicare Advantage TV ads found that the ads often rely on celebrity endorsements and suggest that seniors are missing out on benefits that they’re entitled to.

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Medicare Advantage is Here To Stay https://medcitynews.com/2023/09/medicare-advantage-is-here-to-stay/ https://medcitynews.com/2023/09/medicare-advantage-is-here-to-stay/#respond Mon, 18 Sep 2023 20:16:45 +0000 https://medcitynews.com/?p=645369

For the past 30 years, even with the various headwinds over time, consistent winners in MA have adapted and adjusted to new standards required for success. Now is no different. Short-term headwinds are just that – short-term.

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Medicare Startup Prioritizing ‘Movement As Medicine’ Snags $17M https://medcitynews.com/2023/09/medicare-startup-aging-healthcare/ https://medcitynews.com/2023/09/medicare-startup-aging-healthcare/#respond Wed, 13 Sep 2023 21:43:49 +0000 https://medcitynews.com/?p=648522

Bold, a Los Angeles-based company offering a healthy aging platform for older adults, closed a $17 million Series A funding round. The startup seeks to improve the health of Medicare Advantage beneficiaries through personalized exercise programs designed to prevent falls, decrease musculoskeletal pain and boost physical activity levels.

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Report: MA Enrollment Has Quadrupled in Rural Communities Since 2010 https://medcitynews.com/2023/09/medicare-advantage-rural-enrollment-metropolitan-micropolitan/ https://medcitynews.com/2023/09/medicare-advantage-rural-enrollment-metropolitan-micropolitan/#respond Sun, 10 Sep 2023 13:58:18 +0000 https://medcitynews.com/?p=648087

In rural areas, the share of eligible beneficiaries enrolled in MA plans nearly quadrupled from 11% in 2010 to 40% in 2023, according to new research from KFF. This represents 400,000 rural MA beneficiaries in 2010 and 1.8 million in 2023.

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Alignment Health: What Are Seniors’ Top Barriers to Care? https://medcitynews.com/2023/09/seniors-barriers-healthcare-social-determinants/ https://medcitynews.com/2023/09/seniors-barriers-healthcare-social-determinants/#respond Thu, 07 Sep 2023 23:00:08 +0000 https://medcitynews.com/?p=647991

A new survey from Alignment Health found that economic instability, food insecurity, lack of support and transportation access are the biggest social barriers for seniors.

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MA Beneficiaries With Cancer Spend Less on Healthcare Than Traditional Medicare Beneficiaries https://medcitynews.com/2023/09/medicare-advantage-cancer-spending/ https://medcitynews.com/2023/09/medicare-advantage-cancer-spending/#respond Thu, 07 Sep 2023 20:17:13 +0000 https://medcitynews.com/?p=647913

Medicare Advantage beneficiaries with a cancer diagnosis spend $3,996 on out-of-pocket costs and premiums annually, versus $6,091 for traditional Medicare beneficiaries with cancer, a new report found.

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Report: About Half of MA Beneficiaries Leave Their Plan After 5 Years https://medcitynews.com/2023/09/medicare-advantage-disenrollment-beneficiaries/ https://medcitynews.com/2023/09/medicare-advantage-disenrollment-beneficiaries/#respond Mon, 04 Sep 2023 13:48:47 +0000 https://medcitynews.com/?p=647427

After five years of enrolling in a Medicare Advantage plan, 48.3% of non-dually enrolled beneficiaries left their contract and 53.4% of dually enrolled beneficiaries did, a new study found.

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Report: MA Enrollees Use Postacute Services Less Than Traditional Medicare https://medcitynews.com/2023/08/report-ma-enrollees-use-postacute-services-less-than-traditional-medicare/ https://medcitynews.com/2023/08/report-ma-enrollees-use-postacute-services-less-than-traditional-medicare/#respond Sun, 27 Aug 2023 13:32:49 +0000 https://medcitynews.com/?p=646536 Medicare, Medicaid, CMS, coverage

A new study found that between 16.2% and 17.7% of Medicare Advantage enrollees reported using post-acute care services, compared to 22.4% to 24.1% of traditional Medicare enrollees.

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What Are the Highest-rated MA Plans Based on Customer Satisfaction? https://medcitynews.com/2023/08/medicare-advantage-customer-satisfaction-ranking/ https://medcitynews.com/2023/08/medicare-advantage-customer-satisfaction-ranking/#respond Tue, 22 Aug 2023 23:10:58 +0000 https://medcitynews.com/?p=646137

Some of the highest-ranked Medicare Advantage plans are SCAN Health Plan, Humana, Excellus BlueCross BlueShield, UPMC for Life and Blue Cross Blue Shield of Texas, according to a new J.D. Power report.

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Survey: Only 44% of MA Beneficiaries Fully Understand Their Plan https://medcitynews.com/2023/08/medicare-advantage-enrollment-beneficiaries/ https://medcitynews.com/2023/08/medicare-advantage-enrollment-beneficiaries/#respond Thu, 10 Aug 2023 22:38:55 +0000 https://medcitynews.com/?p=644970

Only 44% of Medicare Advantage enrollees said they “fully understand” their plan, while 50% said they “somewhat understand” it and 6% said they don’t understand it, according to a recent survey.

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Report: Black, Latino, Asian Americans Are More Likely To Choose MA Plans Over Traditional https://medcitynews.com/2023/08/report-black-latino-asian-americans-are-more-likely-to-choose-ma-plans-over-traditional/ https://medcitynews.com/2023/08/report-black-latino-asian-americans-are-more-likely-to-choose-ma-plans-over-traditional/#respond Tue, 08 Aug 2023 21:01:56 +0000 https://medcitynews.com/?p=644622

About 27% of Medicare Advantage enrollees are Black, Latino or Asian, versus 17% of traditional Medicare enrollees, according to a report conducted by ATI Advisory and commissioned by the Better Medicare Alliance.

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Report: MA Enrollees Are More Likely to be Socioeconomically Disadvantaged than Traditional Medicare https://medcitynews.com/2023/07/medicare-advantage-traditional-social-determinants-health/ https://medcitynews.com/2023/07/medicare-advantage-traditional-social-determinants-health/#respond Tue, 11 Jul 2023 18:38:10 +0000 https://medcitynews.com/?p=641244

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.

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Humana Report: Health-related Social Needs Prevalent Among Dual-eligible and Non-dual-eligible MA Enrollees https://medcitynews.com/2023/07/humana-medicare-advantage-dual-eligible-social-determinants/ https://medcitynews.com/2023/07/humana-medicare-advantage-dual-eligible-social-determinants/#respond Mon, 10 Jul 2023 22:50:01 +0000 https://medcitynews.com/?p=641106

A Humana study in Health Affairs found that 80% of dual-eligible beneficiaries had at least one health-related social need in 2019, compared to 48% of non-dual-eligible enrollees. While prevalence was higher in dual-eligible enrollees, non-dual-eligible enrollees shouldn’t be overlooked, researchers said.

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MA Beneficiaries Have Fewer In-Network Options for Psychiatrists Than Other Insurance Types https://medcitynews.com/2023/07/ma-beneficiaries-have-fewer-in-network-options-for-psychiatrists-than-other-insurance-types/ https://medcitynews.com/2023/07/ma-beneficiaries-have-fewer-in-network-options-for-psychiatrists-than-other-insurance-types/#respond Thu, 06 Jul 2023 22:32:55 +0000 https://medcitynews.com/?p=640773

A Health Affairs study discovered that nearly two-thirds of Medicare Advantage psychiatrist networks, or 64.6%, were narrow in 2019. Comparatively, about 43.1% of Medicaid managed care networks were narrow and 39.5% of ACA Marketplaces were narrow.

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MA Enrollees Less Likely To Be Prescribed High-risk Medications Than Traditional Medicare Enrollees https://medcitynews.com/2023/07/medicare-advantage-traditional-drug-prescriptions/ https://medcitynews.com/2023/07/medicare-advantage-traditional-drug-prescriptions/#respond Mon, 03 Jul 2023 21:40:12 +0000 https://medcitynews.com/?p=640437

In 2018, there were 41.5 high-risk medications per 1,000 beneficiaries for Medicare Advantage, compared to 56.9 high-risk medications per 1,000 beneficiaries for traditional Medicare, a new study found.

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Mental Health Platform for Seniors Launches with $115M in Financing https://medcitynews.com/2023/06/seniors-mental-health-substance-use-startup-launch-financing/ https://medcitynews.com/2023/06/seniors-mental-health-substance-use-startup-launch-financing/#respond Fri, 30 Jun 2023 17:25:28 +0000 https://medcitynews.com/?p=640128

Author Health helps seniors with serious mental illness and substance use disorders by working with Medicare Advantage plans. The company launched Wednesday with $115 million in financing, and announced that Humana is its first payer partner.

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Report: Medicare Spending Reached $744B in 2022 https://medcitynews.com/2023/06/medicare-spending-enrollment-healthcare-costs/ https://medcitynews.com/2023/06/medicare-spending-enrollment-healthcare-costs/#respond Thu, 08 Jun 2023 22:09:18 +0000 https://medcitynews.com/?p=637573 Medicare

A new KFF analysis showed that Medicare spending per person increased to $15,700 in 2022 from $5,800 in 2000, representing a 4.6% average annual growth.

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Selling Its MA Business May Be Bright Health Group’s Only Option, Experts Say https://medcitynews.com/2023/05/sell-medicare-advantage-insurtech/ https://medcitynews.com/2023/05/sell-medicare-advantage-insurtech/#respond Thu, 04 May 2023 20:53:40 +0000 https://medcitynews.com/?p=633606

Bright Health Group said last week it is “exploring strategic alternatives” for two Medicare Advantage plans in California: Brand New Day and Central Health Plan, which the insurtech purchased several years ago for $500 million. One expert said selling is necessary as the company faces bankruptcy.

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Report: MA Enrollment Increases to Half of All Eligible Medicare Beneficiaries https://medcitynews.com/2023/05/medicare-advantage-enrollment/ https://medcitynews.com/2023/05/medicare-advantage-enrollment/#respond Tue, 02 May 2023 22:21:59 +0000 https://medcitynews.com/?p=633366

Out of 59.82 million people with Medicare Part A and Part B in January 2023, 30.19 million people were enrolled in Medicare Advantage plans, the Kaiser Family Foundation found in a recent analysis.

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Enrollment in MA Plans With $0 Premiums Is on the Decline, Report Finds https://medcitynews.com/2023/05/medicare-advantage-enrollment-premiums/ https://medcitynews.com/2023/05/medicare-advantage-enrollment-premiums/#respond Mon, 01 May 2023 21:43:24 +0000 https://medcitynews.com/?p=633159

In 2023’s enrollment period, 84% of eHealth customers chose an MA plan with a $0 monthly premium, versus 87% in 2022, eHealth’s annual Medicare Index Report found. This is the first time popularity in $0 premium plans has decreased since eHealth started conducting the report in 2018, when 63% of customers selected a no-premium plan.

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In Which Areas of Healthcare Do Investors Want More Startup Activity? https://medcitynews.com/2023/04/healthcare-startup-venture-capital-investment-digital-health-chatgpt-ai-medicaid/ https://medcitynews.com/2023/04/healthcare-startup-venture-capital-investment-digital-health-chatgpt-ai-medicaid/#respond Thu, 27 Apr 2023 20:07:43 +0000 https://medcitynews.com/?p=632754

While the digital health sector might feel a little cramped in some areas, there are wide open spaces in others — and investors are ready to funnel money into companies looking to innovate these lesser-discussed aspects of care delivery and healthcare technology. Some of these areas include Medicaid, generative AI and patient-to-patient support.

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Aledade, Humana Strike 10-Year VBC Collaboration https://medcitynews.com/2023/03/aledade-humana-strike-10-year-vbc-collaboration/ https://medcitynews.com/2023/03/aledade-humana-strike-10-year-vbc-collaboration/#respond Fri, 03 Mar 2023 21:00:27 +0000 https://medcitynews.com/?p=626133

Aledade — an independent primary care network focused on value-based care — struck a 10-year partnership with insurer Humana. Under the collaboration, Humana’s Medicare Advantage members will receive primary care from Aledade physicians using value-based arrangements.

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Report: MA Gross Margins Were Double Other Health Insurance Markets’ in 2021 https://medcitynews.com/2023/02/report-ma-gross-margins-were-double-other-health-insurance-markets-in-2021/ https://medcitynews.com/2023/02/report-ma-gross-margins-were-double-other-health-insurance-markets-in-2021/#respond Tue, 28 Feb 2023 22:10:22 +0000 https://medcitynews.com/?p=625633

In 2021, Medicare Advantage gross margins averaged $1,730, more than double other insurance markets, the Kaiser Family Foundation report found. The individual market’s gross margins averaged $745 per enrollee, group market’s gross margins averaged $689 per enrollee and Medicaid managed care’s gross margins averaged $768 per enrollee.

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Report: Medicare Advantage Enrollment Sees Continued Growth, but at a Slower Rate https://medcitynews.com/2023/02/report-medicare-advantage-enrollment-sees-continued-growth-but-at-a-slower-rate/ https://medcitynews.com/2023/02/report-medicare-advantage-enrollment-sees-continued-growth-but-at-a-slower-rate/#respond Thu, 23 Feb 2023 23:31:09 +0000 https://medcitynews.com/?p=625183

Enrollment in Medicare Advantage plans increased by 5.5% this year, or by 1.5 million beneficiaries, according to The Chartis Group. But in 2020, 2021 and 2022, enrollment rose by 1.9 million, 2.2 million and 2.3 million, respectively.

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MA Plans Rejected 2M Prior Authorization Requests in 2021 https://medcitynews.com/2023/02/kff-ma-plans-rejected-2m-prior-authorization-requests-in-2021/ https://medcitynews.com/2023/02/kff-ma-plans-rejected-2m-prior-authorization-requests-in-2021/#respond Thu, 02 Feb 2023 23:22:48 +0000 https://medcitynews.com/?p=622840

There were more than 35 million prior authorization requests submitted to MA plans in 2021, and 2 million were denied, according to KFF. Of those denied, just 11% were appealed. However, most of those appeals led to the denial being overturned.

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Report: Wisdo Reduces Loneliness Among Humana MA Members https://medcitynews.com/2023/01/report-wisdo-reduces-loneliness-among-humana-ma-members/ https://medcitynews.com/2023/01/report-wisdo-reduces-loneliness-among-humana-ma-members/#respond Tue, 24 Jan 2023 23:39:55 +0000 https://medcitynews.com/?p=621805 senior, loneliness, tablet

Wisdo, a social health platform that addresses loneliness and social isolation, teamed up with Humana to serve some of its Medicare Advantage members. A new study on Humana’s members found that 58% of participants reported lower rates of loneliness after three months of using Wisdo’s app.

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Report: MA Performs Better Than Fee-for-service Medicare on Diabetes Care https://medcitynews.com/2023/01/report-ma-performs-better-than-fee-for-service-medicare-on-diabetes-care/ https://medcitynews.com/2023/01/report-ma-performs-better-than-fee-for-service-medicare-on-diabetes-care/#respond Mon, 16 Jan 2023 14:30:11 +0000 https://medcitynews.com/?p=620527

Medicare Advantage patients with diabetes have higher prescription fill rates, fewer emergency department visits and lower total medical spending than traditional fee-for-service Medicare patients, a new report shows. They also received their diagnosis earlier.

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3 Steps CMS Can Take to Rein in Misleading MA Marketing https://medcitynews.com/2023/01/3-steps-cms-can-take-to-rein-in-misleading-ma-marketing/ https://medcitynews.com/2023/01/3-steps-cms-can-take-to-rein-in-misleading-ma-marketing/#respond Thu, 05 Jan 2023 14:01:08 +0000 https://medcitynews.com/?p=617665

By creating a marketplace that empowers consumers to choose the right health care coverage for their unique and individual needs, CMS will continue to put consumers first and strengthen Medicare Advantage, already the chosen program of America’s seniors.

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