Findings from Johns Hopkins University Yields New Findings on Insurance (Traditional Medicare Supplemental Insurance and the Rise of Medicare Advantage): Insurance

2024 OCT 25 (NewsRx) -- By a News Reporter-Staff News Editor at Health Policy and Law Daily -- Investigators publish new report on Insurance. According to news originating from Baltimore, Maryland, by NewsRx correspondents, research stated, “Most Medicare beneficiaries obtain supplemental insurance or enroll in Medicare Advantage (MA) to protect against potentially high cost sharing in traditional Medicare ™. We examined changes in Medicare supplemental insurance coverage in the context of MA growth.”

Financial supporters for this research include Arnold Ventures, NIH National Institute on Aging (NIA).

Our news journalists obtained a quote from the research from Johns Hopkins University, “Repeated cross-sectional analysis of the Medicare Current Beneficiary Survey from 2005 to 2019. We determined whether Medicare beneficiaries 65 years and older were enrolled in MA (without Medicaid), TM without supplemental coverage, TM with employer- sponsored supplemental coverage, TM with Medigap, or Medicaid (in TM or MA). From 2005 to 2019, beneficiaries with TM and supplemental insurance provided by their former (or current) employer declined by approximately half (31.8% to 15.5%) while the share in MA (without Medicaid) more than doubled (13.4% to 35.1%). The decline in supplemental employer-sponsored insurance use was greater for White and for higher-income beneficiaries. Over the same period, beneficiaries in TM without supplemental coverage declined by more than a quarter (13.9% to 10.1%). This decline was largest for Black, Hispanic, and lower-income beneficiaries. The rapid rise in MA enrollment from 2005 to 2019 was accompanied by substantial changes in supplemental insurance with TM.”

According to the news editors, the research concluded: “Our results emphasize the interconnectedness of different insurance choices made by Medicare beneficiaries.”

This research has been peer-reviewed.

For more information on this research see: Traditional Medicare Supplemental Insurance and the Rise of Medicare Advantage. The American Journal of Managed Care, 2024;30(5). The American Journal of Managed Care can be contacted at: Managed Care & Healthcare Communications Llc, 666 Plainsboro Rd, Ste 300, Plainsboro, NJ 08536, USA.

The news correspondents report that additional information may be obtained from Jeffrey Marr, Johns Hopkins University Bloomberg Sch Publ Hlth Baltimore, Dept. of Health Policy and Management, 624 N Broadway, Baltimore, MD 21205, United States.

The direct object identifier (DOI) for that additional information is: https://doi.org/10.37765/ajmc.2024.89539. This DOI is a link to an online electronic document that is either free or for purchase, and can be your direct source for a journal article and its citation.

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