Here are nine Medicare Advantage updates Becker’s has reported since July 17.
- Molina Healthcare is expecting to add $1.8 billion in premium revenue from its acquisition of Bright Healthcare’s 125,000-member Medicare Advantage business.
- A group of lawmakers is urging the Biden administration and Congress to do more to limit Medicare Advantage overpayments, misleading marketing and prior authorizations.
- A bill aiming to reform the Medicare Advantage prior authorization process was included in a package of healthcare legislation that passed the House Ways and Means Committee and is headed to the full House for further consideration. The legislation is similar to a bill that passed the House last year but was never called to a vote in the Senate.
- Medicare Advantage enrollees who use supplemental benefits are more likely to live in areas with fewer resources, according to a report from the Elevance Health Public Policy Institute.
- Physicians who serve more patients dually eligible for Medicare and Medicaid and with higher risk scores are less likely to be included in Medicare Advantage networks, a study published in JAMA Health Forum found.
- The neighborhood an individual lives in can affect their healthcare utilization, especially in the Medicare population, according to a study in the American Journal of Managed Care.
- Audits from HHS’ Office of Inspector General published in the first half of 2023 found over $56 million in estimated overpayments to Medicare Advantage providers. Here are five plans audited for estimated overpayments Becker’s has reported in 2023.
- Medicare Advantage overpayments may be higher than the Medicare Payment and Advisory Commission estimates, a June study from researchers at the Los Angeles-based University of Southern California found. In an article in Health Affairs, the authors of the study proposed two short-term and one long-term fix to reduce the rate of overpayments in the program.
- UnitedHealthcare is expecting medical costs for its Medicare Advantage members to keep rising, the company’s top executives said. A higher rate of outpatient procedures among older adults is contributing to rising medical utilization rates, executives told investors.