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The analysis, released Friday by consulting firm Avalere Health, also found the number of enrollees in MA plans that offer such benefits increased this year compared to 2020. The analysis comes as the Biden administration is likely to make social determinants of health a major priority, with supplemental benefits in MA plans an area in which to address those issues. “Stakeholders should consider engaging with the Biden administration around their early experiences with [supplemental benefits for the chronically ill] and any policy change that could facilitate their wider adoption,” the analysis said. The analysis found that this year, 787 MA plans are offering special supplemental benefits that range from meal delivery to pest control and virtual visits. The plans represent 16% of all plans that Avalere analyzed. “Overall, in 2021, 15% of enrollees in non-employer MA plans are enrolled in plans offering [supplemental benefits], as compared to 6% in 2020,” Avalere said. RELATED: Study: Higher MA star ratings associated with improvements in members’ outcomes The analysis also found that 86% of the total Medicare beneficiary population live in a county with at least one MA plan that offers one of the benefits. Plans could start to offer the supplemental benefits that were not specifically health-related starting in 2020. This year, plans started offering new benefits like prescription deliveries for those who must stay home due to the COVID-19 pandemic. “However, the number of plans offering these benefits—and associated enrollment—are relatively small compared to the most prevalent benefits,” the firm said. The most popular supplemental benefit was meals, with 356 plans employing the benefit. The second-most popular was food and produce with 336 plans, and pest control was a benefit offered by 200 plans. Avalere looked at the plan benefit package data from the Centers for Medicare & Medicaid Services in 2020 and 2021.  |
Tags: Medicare Advantage plans, Medicare News, DSNP, Special Needs Plans, CSNP
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The DSNP Market Continues to grow! Jump on board and learn about all the exciting opportunities available for 2019. If you are not currently selling in the DSNP market, you could be missing out on a great way to grow your Medicare business. Special Needs Plans continue to be one of the fastest growing areas of Medicare Advantage and agents play an important role in helping consumers better understand their options.
Learn more about the opportunities available and how this could be a BIG part of your business going forward. PSM has access to everything you need from a strong carrier portfolio, details on 2019 plans expansions, as well as the knowledge to assist you in how to best present DSNP plans. |
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Medicare Advantage / AEP Updates:
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Tags: Medicare Advantage, Medicare Part D, DSNP, Special Needs Plans
