Medicare Advantage is leading the innovative use of value-based care — delivering better health outcomes, through better quality care at a better cost for Medicare beneficiaries.
- Medicare Advantage is the public-private partnership in Medicare where over 32 million seniors and Americans with disabilities receive coverage today.
- 95 percent of Medicare Advantage beneficiaries are satisfied with their health care quality, and 97 percent are satisfied with the ease of getting to the doctor.
- Medicare Advantage enrollees report over $2,400 in savings compared to beneficiaries in Fee-For-Service Medicare.
- Medicare Advantage’s population is increasingly diverse. 27% of Medicare Advantage enrollees are Black, Latino, or Asian compared to 17% of Fee-For-Service enrollees.
- Medicare Advantage beneficiaries experience more preventive care and screenings and lower rates of avoidable hospitalizations compared to those enrolled in Traditional Medicare.
- Unlike Traditional Medicare, for which an individual pays a separate monthly premium for hospital visits, doctors/outpatient, and prescription drugs, Medicare Advantage typically covers all in one monthly premium, often with extra benefits at a lower cost to the enrollee.