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Healthcare Financial News - Medicare Advantage Plans See Big Increase in FFS Enrollment, Says Study

Healthcare Financial News


Wednesday, March 21, 2007
Medicare Advantage Plans See Big Increase in FFS Enrollment, Says Study

The 8.3 million Medicare beneficiaries enrolled in a private Medicare Advantage plan saw a dramatic increase in the number of private fee-for-service plan choices they were offered, reports a Kaiser Family Foundation study. Enrollment in private FFS Medicare plans grew ninefold from March 2005 to November 2006 and accounted for 39% of the growth of Medicare Advantage plans. Fifty-two percent of Medicare beneficiaries have a choice of six or more private FFS plans and 86% have at least three choices. And for the first time this year, Medicare Advantage enrollees were offered a medical savings account with a high deductible and savings account to pay medical expenses. Medical Advantage enrollment grew 37% from 2005 to 2006, with HMO enrollment growing 20% and PPO enrollment growing by 143%.

posted on 3/21/2007 7:35:39 AM (CST)  Permalink