HCAOA Joins Better Medicare Alliance in Letter to CMS

As an ally of the Better Medicare Alliance (BMA), HCAOA signed a recent letter with other health care organizations to the Centers for Medicare and Medicaid Services (CMS) supporting the Medicare Advantage (MA) program and urging the Administration to ensure it continues. 

The letter notes that enrollment in Medicare Advantage has doubled over the last decade with more than 45 percent of beneficiaries choosing MA plans today. It also shared that:

• Older adults on MA report a 94 percent satisfaction rate with their coverage and quality of care,
• 52 percent of MA enrollees live on incomes less than 200 percent of the Federal Poverty Level,
• MA beneficiaries save nearly $2,000/year on total health expenditures compared to fee-for-service Medicare,
• 53 percent of Latino and 49 percent of African American beneficiaries chose MA plans, and
• MA spending is nearly $7 lower per-member, per-month than traditional fee-for-service Medicare.