5 things to know about Medicare Advantage

Medicare Advantage is a popular market for private insurers, according to Forbes.

Advertisement

1. Total enrollment in Medicare Advantage plans is expected to double by the end of the decade.

2. In Medicare Advantage, private insurers manage care for more than 30 percent of the 55 million beneficiaries of Medicare.

3. Each day, 10,000 more people become eligible for Medicare with the United State’s 65-and-older population increasing rapidly.

4. Aetna proposed to acquire Humana, the number one insurer for Medicare Advantage, for $37 billion. The acquisition would give Aetna access to Humana’s Medicare Advantage volumes.

5. President George W. Bush’s administration created Medicare Advantage as a private health insurance option for Medicare beneficiaries.  

More articles on coding and billing:
10 things to know about high deductible health plans
Does price transparency affect patients’ decision to elect ambulatory care? 5 insights
Why ICD-10 is necessary — 6 notes

At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.

Register to Attend Webinar

Is ambulatory care healthcare’s big margin engine? 4 leaders weigh in

Wednesday, July 29
1:00 PM - 2:00 PM CDT

Presenters: Joe Ganley, athenahealthJeffrey Flynn, CASC, Gramercy Surgery CenterBryan Tsao, Access Center, Loma Linda University HealthJason Zepeda, Northridge Hospital Medical Center, CommonSpirit HealthGreg DeConciliis, PA-C, CASC, Boston Out­Patient Surgical Suites

Advertisement

Next Up in ASC Coding, Billing & Collections

Advertisement

Comments are closed.