30% Medicare Advantage Penetration Rate in Senior Living Presents ‘Tremendous Opportunity’

About 30% of assisted living residents are enrolled in a Medicare Advantage (MA) plan, which is just slightly lower than the roughly 34% of seniors living in private housing who are enrolled in MA. Nearly the same percentage of independent living residents — almost 31% — are Medicare Advantage beneficiaries, according to a new data analysis released Wednesday at the National Investment Center for Seniors Housing & Care (NIC) spring conference in San Diego. The analysis was done by ATI Advisory, which utilized the 2017 Medicare Current Beneficiary Survey from the Centers for Medicare & Medicaid Services (CMS). The findings surprised the ATI Advisory researchers, firm founder Anne Tumlinson said during a press briefing at the NIC conference.

Read the full article: 30% Medicare Advantage Penetration Rate in Senior Living Presents ‘Tremendous Opportunity’ //

Source: https://seniorhousingnews.com/2020/03/05/30-medicare-advantage-penetration-rate-in-senior-living-presents-tremendous-opportunity

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