Legislative and Regulatory Options for Improving Medicare Advantage
Publication Title
Journal of Health Politics, Policy and Law
Document Type
Article
Publication Date
2023
Abstract
The Medicare Advantage program was created to expand beneficiary choice and to reduce spending through capitated payment to private insurers. However, many stakeholders now argue that Medicare Advantage is failing to deliver on its promise to reduce spending. Three problematic design features in Medicare Advantage payment policy have received particular scrutiny: (1) how baseline payments to insurers are determined, (2) how variation in patient risk affects insurer payment, and (3) how payments to insurers are adjusted for quality performance. The authors analyze the statute underlying these three design features and explore legislative and regulatory strategies for improving Medicare Advantage. They conclude that regulatory approaches for improving risk adjustment and for recouping overpayments from risk-score gaming have the highest potential impact and are the most feasible improvement measures to implement.
Recommended Citation
Erin C. Fuse Brown, et al., Legislative and Regulatory Options for Improving Medicare Advantage, 48 J. Health Polit Policy Law 919 (2023).
Institutional Repository Citation
Erin C. Fuse Brown, Travis C. Williams, Roslyn C. Murray, David J. Meyers & Andrew M. Ryan,
Legislative and Regulatory Options for Improving Medicare Advantage,
Faculty Publications By Year
3523
(2023)
https://readingroom.law.gsu.edu/faculty_pub/3523
DOI
10.1215/03616878-10852628
Volume
48
Issue
6
First Page
919
Last Page
950