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Hospitalized COVID-19 patients covered by private insurance paid an average of $534 out-of-pocket on medical costs, while Medicare Advantage members paid a mean $680 within 90 days of discharge, according to a study by University of Michigan and Boston University researchers that is pending peer review. The researchers also found that one in 14 privately insured patients and one in 10 Medicare Advantage beneficiaries paid more than $2,000.

Medicare Advantage now covers more than four in 10 Medicare beneficiaries, meaning MA enrollment has doubled over the past 10 years, according to the Kaiser Family Foundation (KFF). KFF found that the scale of MA enrollment varied significantly by state, with 50% or more beneficiaries enrolled in MA plans in Minnesota, Florida and Puerto Rico, but less than 20% in Vermont, Maryland, Alaska and Wyoming. Nationally, 29% of Medicare beneficiaries live in a county where more than half of all Medicare beneficiaries are enrolled in Medicare Advantage plans.

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© 2024 MMIT
AIS Health Staff

AIS Health Staff

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