Here are nine Medicare Advantage updates Becker’s has reported since Feb. 29.
- Medicare Advantage beneficiaries received less at-home care than their counterparts in fee-for-service Medicare, a study published in JAMA Health Forum found.
- Medicare Advantage beneficiaries in a few states could see increased supplemental benefits or reduced cost sharing in 2025, including over $400 in increased benefits annually in Delaware and Wyoming, according to estimates from Berkeley Research Group.
- Selective contracting with primary care physicians may be one factor behind lower per-patient expenses in Medicare Advantage, a study published in the March edition of Health Affairs found.
- Clover Health named Clay Thornton CFO of its Medicare Advantage division. Mr. Thornton was previously an executive with Humana.
- Enrollment in Medicare Advantage startup plans grew 18% from 2023 to 2024. Here are the five startups with the largest growth rates in 2024.
- Standalone prescription drug plans exclude more drugs from their formularies than Medicare Advantage plans, a study published in the March edition of Health Affairs found.
- Nationwide, half of Medicare-eligible beneficiaries are now enrolled in Medicare Advantage plans. Here are the 26 states where Medicare Advantage market penetration exceeds 50%.
- CMS is asking Medicare Advantage organizations to remove or relax prior authorizations and extend advanced funding to affected providers in the wake of the cybersecurity attack disabling Change Healthcare.
- Four Elevance Health Medicare Advantage contracts will have higher 2024 star ratings because CMS updated the original ratings announced in October. Elevance said that as a result, it estimates it will have approximately 49% of its Medicare Advantage members enrolled in plans rated at least four stars for 2024.
