Under the current Medicare Advantage plan payment methodology, plans receive more for sicker enrollees, but research in the Journal of Health Economics finds no evidence plans are selecting for these…
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A statistical brief from AHRQ looked at trends in health expenditures for the over-65 population for 2001, 2006 and 2011, in constant dollars. $414.3 billion was spent on health care for this population in 2011, $100 billion higher than in 2001. Average per person expense was $9863 compared to $8815 in 2001. The percent of people with an ER visit, inpatient stay or hospital outpatient visit declined from 2001 to 2011 and outpatient care and drugs accounted for more expense in 2011 than in 2001. Average costs for all types of services were higher in 2011. Medicare paid for 62.4% of the elderly's health expense in 2011 compared to 54.7% in 2001.
http://meps.ahrq.gov/mepsweb/data_files/publications/st429/stat429.pdfAccording to Mark Farrah Associates as of December 1, 2013, there were 15,146,000 people in Medicare Advantage plans, about a 9% increase over the same time last year. UnitedHealth Group has about 21% of the market, followed by Humana with 16% and Kaiser with 8%. Around 17% of MA enrollment comes from employer retiree group plans. 2014 open enrollment ended on December 7, so the early indications are that there was strong growth.
http://www.markfarrah.com/healthcare-business-strategy/Medigap insurance is purchased by many Medicare beneficiaries to cover cost-sharing. A new paper confirms that having this insurance leads to higher Medicare spending.
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A study done by KNG Health Consulting for Academy Health finds that the Medicare hospital readmission penalties disproportionately affect hospitals servicing low income patients; the very hospitals that can least…
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MedPAC Fact Book on Dual Eligibles
https://a7d050c2-a-10078ef1-s-sites.googlegroups.com/a/macpac.gov/macpac/publications/Duals_DataBook_2013-12.pdf?attachauth=ANoY7cqXKnTKnMoO1LMbUcJwnRCboSVMIN0Aia1jXRCf2XBKztKx-67zZ0O-OXhwEbYrQc_U4ij26iiqRuQ-Cq1qOyK1WWDWKm2vthI24Q_aw6dBlIHVP-gyujPcnu7WcsFrbMdYmX2XOZFqw2r6aa3uKqAHvhm-Cj-kZhZxtPdlpx4aL7HyZGDKJAwqwPsGrRT1uB-7EZSez3PkxA1DAq1i3Od9pMHv_2pPMcY9ag2qOM97PMEyoig%3D&attredirects=1At its meeting in December the Medicare Payment Advisory Commission considered payment policies and updates for a number of provider types and discussed Medicare Advantage.
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Congress has passed a short term override of the SGR formula implementation for 2014, avoiding a 24% cut in physician payments from Medicare. A longer term fix appears closer than in past years.
http://www.modernhealthcare.com/article/20131218/NEWS/312189951/budget-bill-with-short-term-sgr-fix-clears-congress-ready-for-obama?AllowView=VW8xUmo5Q21TcWJOb1gzb0tNN3RLZ0h0MWg5SVgra3NZRzROR3l0WWRMWGFWdndKRWxiNUtpQzMyWmFwNW5RWUpibWdiUlVxdzBRYzlpS1ZCZjQ5emp5ZHN0bjFRZGU2UmI5WEhxMFIwZXZ3ZUxPbTdkVktKc1dhL0VwL0VlczNoR3dGcGZVelREM3AxUTVlL2x1cUU0bXk2cnVMc0lzPQ==A Kaiser Family Foundation brief finds that Medicare patients continue to have generally good access to physicians.
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