Monday, August 30, 2021

Medicare Advantage Spending Continues to Outpace Original Medicare

 

The Kaiser Family Foundation recently released a new issue brief showing how growth in Medicare Advantage (MA) enrollment and overpayment caused an estimated $7 billion in additional Medicare spending in 2019. This analysis comes just before the anticipated release of the Medicare trustee’s report, an annual projection of Medicare spending and trust fund solvency.

MA is a private plan option that people with Medicare can choose instead of fee-for-service Original Medicare. MA enrollment continues to grow, although there are clear and important trade-offs between the two coverage options.

Though often assumed to be efficient, MA has never saved the Medicare program money. Instead, spending per MA enrollee continues to outpace spending for Original Medicare beneficiaries.

 

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