Trends, innovations and helpful solutions in the Medicare Advantage space
The unsustainable rate of health care spending has sparked a growing reliance on Medicare Advantage plans, which benefit from insights into effective risk, quality and care strategies.
By Scott Howell|September 07, 2018 at 10:27 AM
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The nation’s health care system faces a potentially catastrophic challenge: aging baby boomers are creating a significant shift from enrollment in private health insurance to Medicare and driving an unsustainable rate of health care spending. Projections show that national health expenditure growth is expected to average 5.5 percent annually to reach $5.7 trillion by 2026 — higher than the projected increase in Gross Domestic Product (GDP).
Risk-based contracting demonstrates superior clinical outcomes and improvement in mortality for patients, making value-based approaches critical. This is where retirement brokers can play an important role, providing invaluable guidance for retirees making health care coverage decisions that can have serious consequences on their health and financial well-being.
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