Medicare Advantage plans may provide better access to care and lower healthcare spending for enrollees, compared to fee-for-service Medicare, according to a study from ATI Advisory conducted on behalf of Better Medicare Alliance (BMA).
“Medicare Advantage continues to demonstrate that it offers important cost protections and value for Medicare Advantage beneficiaries,” said Allison Rizer, principal at ATI Advisory and study lead.
“We see particularly strong results for historically disadvantaged populations, including Black and Hispanic beneficiaries and those who are low-income,” noted Laura Benzing, analytic lead at ATI Advisory.
The study found that Medicare Advantage draws low-income beneficiaries, with 46 percent of Medicare beneficiaries whose incomes were 200 percent of the federal poverty level or less enrolling in a Medicare Advantage plan. This share has grown 15 percent year-over-year over the last four years.