What’s the future of Medicare Advantage? It’s a question many constituencies are increasingly curious about – and working to change. From politicians on both sides of the aisle to the seniors who will be most affected by the developments, Medicare Advantage is a major talking point in 2018, and looking ahead to the future.
Starting in less than two years, by 2020, Medicare Advantage plans will have flexibility to target non-medical health-related services for members with chronic conditions. This could have major implications – as 74 percent of all Medicare spending goes to Medicare beneficiaries with four or more chronic conditions, according to the Bipartisan Policy Center.
“[Medicare Advantage] plans are popular with both those who sign up due to the additional benefits they offer, and with insurers that have realized profits and decreased costs through narrow networks and aligned incentives,” writes Susan Morse in Healthcare Finance News.