Medicare Advantage plans need more competition between payers and government organizations

According to a new report by the Brookings Institute, the Medicare Advantage (MA) bidding process requires more competition to increase the availability of high quality MA plans for beneficiaries and reduce federal spending. Medicare Advantage organizations (MAOs) often use the money earned from Medicare bids to generate higher enrollment numbers instead of passing savings on to existing members. To read further findings of the report, click on attached link. Read article here…

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