“5 Medicare Advantage Sample Size LTC Benefits Reactions”

5 Medicare Advantage Sample Size LTC Benefits Reactions”, by Allison Bell, ThinkAdvisor

“Medicare Advantage program managers abruptly encouraged insurers to jam a few non-medical ‘supplemental benefits’ into their benefits packages for 2019. Some insurers added the kinds of benefits that might be covered by a short-term care insurance or long-term care insurance (LTCI) policy, such as adult day care services, homemaker services, and support for caregivers. Officials at the Centers for Medicare and Medicare Services (CMS) recently put more fleshed-out rules for ‘chronic care’ benefits in a draft version of a bidding document for the 2020 Medicare Advantage program. Insurance company executives now have time to decide, in an orderly way, if they want to build chronic care benefits into their 2020 Medicare Advantage plan benefits menus.”

LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform):

Article summarizes take-aways from a session on the topic at the 19th annual ILTCI conference in Chicago this week.