Medicare Advantage plans have seen growing enrollment so has excess payments

Medicare pays Medicare Advantage plans a set amount for each enrollee. In 2022, 49 percent of eligible Medicare beneficiaries were enrolled in a Medicare Advantage health plan. However, experts are calling out the program’s excess payments, with the average monthly rebate per enrollee now $196 in 2023. Kelsey Waddill outlines why Medicare pays Medicare Advantage plans six percent more than fee-for-service Medicare. Read Ms. Waddill’s article here…

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