MedPAC: Medicare Advantage needs major overhaul — now

(By Rylee Wilson for Becker’s Hospital Review)

The Medicare Payment and Advisory Commission called for a “major overhaul” of Medicare Advantage policies in its annual report to Congress.

MedPAC, which advises the U.S. government on Medicare issues, published its annual report March 15. The commission estimated that in 2024 the government will spend $83 billion dollars more on Medicare Advantage beneficiaries than if they were enrolled in fee-for-service Medicare. Continue reading here…

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