Talking Points: 31 October 2022

Item of the Week

MEDICARE ADVANTAGE (MA) has become an increasingly popular choice for beneficiaries.

Quick takeaway: Owing to its unique focus on coordinated care and enhanced benefits, MA continues to distinguish itself from traditional Fee-for-Service (FFS) Medicare.  With the annual open enrollment period underway, millions of Medicare-eligible beneficiaries are now able to shop for 2023.

Further context: With the share of beneficiaries in MA plans having more than doubled since 2007, recent projections estimate that enrollment in the program will eclipse FFS Medicare as early as next year. 

Stakeholders point to a number of reasons why MA continues to attract beneficiaries, including:

What it means: In addition to offering comprehensive and enhanced care coordination, MA plans have also invested in a growing array of supplemental benefits.  These innovations are focused on connecting beneficiaries to services aimed at better addressing health-related social needs, such as transportation, food, and in-home supports.  In fact, these benefits are a key feature of MA, differentiating the program from FFS Medicare and a big reason why it’s an increasingly popular choice for beneficiaries.

You can keep up with the latest by following the Health Action Network on Twitter and by liking us on Facebook. And, be sure to check us out on LinkedIn, too. As always, let us know if there’s something you’d like to see covered in a future newsletter.