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As a concept, Medicare Advantage isn't new. Originally known as Medicare Plus Choice, it was passed with bipartisan support under the Clinton Administration with an eye toward giving seniors another option for receiving Medicare benefits. Flash forward to 2022, and the program has evolved into a full-blown force: Payers love it, patients report high satisfaction and enrollment ....
AHIP president and CEO calls for strengthening Medicare Advantage, Medicaid managed care healthcarefinancenews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from healthcarefinancenews.com Daily Mail and Mail on Sunday newspapers.
(Photo by Hugh Sitton/Getty Images) Post-acute home-based care provider onehome is partnering with Medicare Advantage company Devoted Health to expand care to the latter s members in Arizona, Ohio and San Antonio, Texas. The goal of the partnership is to enhance care by enabling members to receive certain healthcare services in their homes, including infusion therapies, wound therapy and services that require durable medical equipment. The idea is to avoid institutional settings, and the increased risks of infection that may come with them. WHAT S THE IMPACT? The booming home healthcare market, accelerated by the impact of the COVID-19 pandemic and the growing Medicare Advantage population, is bringing companies together into partnerships to make both post-acute home care and ongoing care more accessible, so reducing the rate of hospital readmission and, oftentimes, the duration of treatment for healing. ....
(Photo by Westend61/Getty Images) Nonprofit MVP Health Care, a health plan based in Vermont and New York, and the University of Vermont Health Network are teaming up to launch a joint Medicare Advantage plan, the organizations announced this week. The entities are currently focused on adhering to regulatory requirements, and because of that offered few details about the benefit design. But a tentative start date has been announced: January 1, 2022. MVP and UVM plan to announce further details of their Medicare Advantage insurance plan during this fall s annual enrollment period. WHAT S THE IMPACT? Medicare Advantage plans can offer coverage for services that original Medicare does not, such as vision, hearing, dental and wellbeing benefits. These plans are rapidly growing in popularity, with enrollment in Medicare Advantage doubling over the past decade, according to the Kaiser Family Foundation. ....
Medicare Advantage supplemental benefits grew in 36 out of 41 categories for 2021 The most widely offered benefits include vision, hearing, fitness and dental care. , Associate Editor A new data brief, examining offerings of both traditional supplemental benefits and Special Supplemental Benefits for the Chronically Ill (SSBCI) in Medicare Advantage from 2020 to 2021, shows that the number of health plans offering supplemental benefits is growing. The brief, prepared by the actuarial consulting firm Milliman in conjunction with advocacy group Better Medicare Alliance, found that over the last year, the number of health plans offering supplemental benefits grew in 36 out of 41 categories measured, including 15 out of 17 traditional supplemental benefit categories, four out of five expanded supplemental benefit categories and 17 out of 19 SSBCI categories. ....