“How Medicare Advantage Fuels Innovation in Care of Seriously Ill,” by Christopher Cheney, Healio “Medicare Advantage is a hotbed of innovation in efforts to improve care for seriously ill patients, researchers say. ‘The financing structure of Medicare Advantage makes it a fertile testing ground for new payment and care delivery approaches, including value-based payment models,’ the researchers wrote in their report published this month by the Duke Margolis Center for Health Policy.” LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform): Score another one for MA vs. traditional Medicare, which not known for innovation. How Medicare Advantage
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“Senior living will grow at skilled care’s expense through 2021, report predicts,” by John O’Connor, McKnight’s Senior Living “Senior living operators can look forward to growth in the coming years, largely at the expense of their skilled-care competitors. So suggests a new report that sizes up the seniors housing and care sector. … The report also predicts that individuals will be responsible for more of their care costs in the coming years, as government funding sources decline. Out-of-pocket expenses will largely fill the growing void, along with private insurance to a lesser extent, the authors predict. The full report, which
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“Critical Illness Insurance Sales Rise: LIMRA,” by Allison Bell, ThinkAdvisor “The U.S. market for a relatively new supplemental health product, critical illness insurance, continues to grow. Premiums from new sales of the product through voluntary benefits and worksite marketing programs increased to $627 million in 2017, up 15% from the 2016 total, according to LIMRA.” LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform): CI up while LTCI down. Any connection? Critical Illness Insurance Sales Rise: LIMRA #limra #goldencareagent
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