UnitedHealth: Medicare Advantage spending is about 40% lower than FFS

Medicare beneficiaries who are covered through private plans as opposed to fee-for-service alternatives spend about 40 percent less on healthcare, according to a report published by UnitedHealth Group.

UnitedHealth found average annual healthcare costs for a 72-year-old Medicare FFS beneficiary are $5,960, compared to $3,632 for the same beneficiary in a Medicare Advantage plan.

The company also found that beneficiaries who are enrolled in FFS plans and Part D coverage spend $1,477 more than those in just Medicare Advantage plans.

Read the full report here.

More articles on payers:
WellCare, Centene deal to close today: 3 things to know
Trump administration to issue guidance on Medicaid block grants: 5 things to know
16 medical groups that support 'Medicare for All,' single payer

Copyright © 2023 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.

 

Featured Webinars

Featured Whitepapers

Featured Podcast

Top 40 articles from the past 6 months