Medicare Advantage Enrollment Overtakes Traditional Medicare: Is There Concern with the Rising Instability of Payment Benchmarks?
- February 16, 2024
- Tyler Marshall , Berkeley Research Group
- Nikki Doherty , BRG
Medicare beneficiaries currently have an option for how they would like to receive their Medicare benefits. They can either decide to receive benefits administered by the Centers for Medicare & Medicaid Services (CMS) through the traditional Medicare program (Fee-for-Service or FFS) or by a private insurance company as a member of a health plan (e.g., HMO or PPO) that contracts with Medicare. This alternative private program is known as Medicare Advantage (MA).
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