Effectively manage a diversifying payor mix – GWC Mag

A Medicare Advantage plan, also known as a managed care plan, is a Medicare-approved plan from a private insurance company that offers an alternative to original Medicare for your health and drug coverage — and these alternative plans are on the rise. According to CMS, 50%, or 31 million, of all Medicare beneficiaries are enrolled in a Medicare Advantage plan. In fact, by 2030, Medicare Advantage plans are expected to enroll 60% of Medicare beneficiaries.