Posted on Monday, September 28, 2020
In 2021, 53 Medicare Advantage plans will cover palliative and hospice care through the value-based insurance design (VBID). This is exciting as Medicare Advantage enrollment has grown to 42% for 2021.
“The offerings this year are really going to be very robust. It’s an increasingly robust and competitive marketplace with low beneficiary premiums on the one hand, and also an exciting increase in the number of plans that are offering the additional types of supplemental benefits,” said Anne Tumilson, CEO of ATI Advisory. “It’s a really good marketplace for beneficiaries, when not only are their prices for enrolling are lower than they have been in the past, but the number of new and innovative types of benefits that the plans are offering is higher.”
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