Medicare Advantage costs the federal government less than traditional Medicare
A recent report compares Medicare Advantage plans to fee-for-service (FSS) Medicare and found the federal government spends less money per person per month on a Medicare Advantage plan member. The researchers found the federal government spends $949 per person per month on FFS Medicare whereas, the government spends $943 per person per month on Medicare Advantage, which includes the cost of additional benefits. Read the article here…
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