Does Medicare Advantage cost less? Or does it cost more?
Medicare Advantage is the private alternative to the traditional insurance program for seniors. It covers 11.7 million Americans. Some argue that it's less expensive than the public programs. Others say it's more expensive. It would be very hard for both of these things to be true. James Capretta and Yuval Levin made the case this week that Medicare Advantage plans are less expensive, citing an Aug. 1 study in the Journal of the American Medical Association. That research looks at what would happen if we implemented the Ryan-Wyden Medicare reforms (which are pretty similar to Romney's proposals) right away.
- How Top-Ranked MA Plans Earn Their Stars
- Readmissions: No Quick Fix to Costly Hospital Challenge
- How Hospitals Can Become 'Upstreamists'
- 4 Ways to Lower the Cost to Collect from Self-Pay Patients
- House Calls Key to Pioneer ACO Success
- How Telehealth Pays Off for Providers, Patients
- 4 Tips for Managing Employed Physicians
- WellPoint Dominates Nearly Half of Markets, AMA Says
- Defensive Medicine Still Prevalent Despite Tort Reform
- CMS Offers Some ACOs $114M for 'Upfront' Costs