“Milliman Report Shows $32.5B Value in Medicare Advantage”

Milliman Report Shows $32.5B Value in Medicare Advantage,” by Amy Stulick, Skilled Nursing News

 

Quote:

“Medicare Advantage delivers $32.5 billion, or $123.36 per member per month, in additional value to beneficiaries, according to a report released Thursday by the Better Medicare Alliance (BMA). Hospital and physician services are 24% less expensive per month: $709.66 for MA plans per month and $935.67 for Medicare FFS [fee for service]. These statistics exclude administrative expenses and profits, according to the report. … Still, one in five seniors don’t know the difference between Medicare Advantage and Medicare FFS, according to a poll conducted by BMA.”

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

Can we conclude “ignorance is bliss” or are there other factors to consider, such as access to a wider range of providers?